Trump's Strategic Bitcoin Reserve audit is now five days overdue
Exactly 35 days ago, President Donald Trump signed an executive order requiring all federal government agencies to audit their crypto holdings within 30 days. That expired five days ago, but the audit is nowhere online. Trump’s appointed “Crypto Czar,” David Sacks, repeatedly promised that he’d fulfill the directives of the order. On a media tour after the announcement, he lamented the lack of information about how much crypto the government actually owned and swore that this audit would finally bring clarity and accountability to the government’s crypto finances. He was supposed to deliver a full, unabridged report by last week to Treasury Secretary Scott Bessent. It should have been, according to Trump’s presidential imperative, “A full accounting of all government digital assets in such agency’s possession, including any information regarding the custodial accounts in which such government digital assets are currently held.” Nevertheless, no one, includ...