US Government Shifts $770M in Bitcoin as Mystery Wallets Emerge
The U.S. government transferred approximately 9,261 BTC, valued at $770 million, to Coinbase Prime on Tuesday and Wednesday, according to Galaxy Research. While much of the bitcoin originated from known criminal seizures, researchers identified another 2,456 BTC from previously unrecognized holdings. The discovery adds a new wrinkle to Washington’s cryptocurrency inventory, which includes billions in […]
Key Takeaways
- government transferred approximately 9,261 BTC, valued at $770 million, to Coinbase Prime on Tuesday and Wednesday, according to Galaxy Research.
- While much of the bitcoin originated from known criminal seizures, researchers identified another 2,456 BTC from previously unrecognized holdings.
- The discovery adds a new wrinkle to Washington’s cryptocurrency inventory, which includes billions in […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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US government moves $770M of seized Bitcoin to Coinbase Prime
The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures.