The U.S. government transferred Bitcoin worth $593.5 million to its favored crypto brokerage, Coinbase Prime,
Author: Sahil Thakur
Written On: Thu, 15 Aug 2024 07:32:40 GMT
The U.S. government transferred Bitcoin worth $593.5 million to its favored crypto brokerage, Coinbase Prime, on August 14, as reported by Arkham Intel. This transfer involved a 10,000 BTC tranche sent to the wallet “bc1ql” two weeks prior.
The U.S. government has accumulated a total of approximately 69,370 BTC from the Silk Road seizure. This large amount of Bitcoin was confiscated from the Silk Road marketplace, which was shut down by authorities in 2013.
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