diff --git a/lbry/wallet/manager.py b/lbry/wallet/manager.py
index 11d90f11d..bff251a06 100644
--- a/lbry/wallet/manager.py
+++ b/lbry/wallet/manager.py
@@ -300,11 +300,8 @@ class WalletManager:
     async def broadcast_or_release(self, tx, blocking=False):
         try:
             await self.ledger.broadcast(tx)
-            if blocking:
-                await self.ledger.wait(tx, timeout=None)
-        except CodeMessageError as err:
-            log.warning("transaction rejected, leaving reserved")
-            raise
         except:
             await self.ledger.release_tx(tx)
             raise
+        if blocking:
+            await self.ledger.wait(tx, timeout=None)