US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions
The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving questions over potential asset sales. On Oct. 7, blockchain analytics firm Arkham Intelligence said the transfers included Bitcoin, wrapped Bitcoin and USDT. Arkham linked the transferred assets to seizures involving the 2016 Bitfinex hack and Alameda […] The post US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions appeared first on CryptoSlate.
Key Takeaways
- The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving questions over potential asset sales.
- 7, blockchain analytics firm Arkham Intelligence said the transfers included Bitcoin, wrapped Bitcoin and USDT.
- Arkham linked the transferred assets to seizures involving the 2016 Bitfinex hack and Alameda […] The post US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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