Senator Cynthia Lummis has raised concerns about two key issues involving US digital asset policies:

Planned Liquidation of Silk Road Bitcoin:


Lummis criticized the US Marshals Service’s (USMS) plan to liquidate 69,370 Bitcoin tied to Silk Road, citing the long-term financial and strategic risks. She highlighted past USMS Bitcoin sales that resulted in unrealized gains of $18.5 billion and urged the government to consider holding Bitcoin as part of a "National Bitcoin Stockpile" proposed by President-elect Donald Trump. Lummis emphasized that rushing the sale during a presidential transition undermines strategic financial planning.

FDIC Document Destruction Allegations:


Lummis sent a letter to FDIC Chair Marty Gruenberg regarding whistleblower claims of document destruction and employee intimidation related to the FDIC’s digital asset activities. She demanded the preservation of all materials related to crypto supervision and warned that obstruction could lead to criminal referrals to the Department of Justice.

Lummis called for transparency, strategic foresight, and alignment of public asset management with national interests in handling both Bitcoin and digital asset policies.