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US Government Moves $1BN In Seized Bitcoin After $770MM Transfers
US Government Moves $1BN In Seized Bitcoin After $770MM Transfers
By Cointelegraph
The US government completed another major transaction involving seized cryptocurrency hours after moving a significant amount of Bitcoin to a Coinbase Prime wallet.
Blockchain data from Wednesday showed that a wallet associated with crypto seized by the US government had transferred more than 12,267 Bitcoin (BTC), worth more than $1 billion at the time of publication. The move came just hours after similar transfers from the government totaling $770 million in BTC to a Coinbase Prime wallet.
Arkham Research linked the...
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