Arkham reports that US government wallets moved about $470 million in seized Bitcoin, wrapped Bitcoin and USDT to likely Coinbase Prime addresses.
The transfer does not confirm a sale. Assets linked to the Bitfinex ha*ck and Alameda Research may face victim-repayment obligations, and seized Bitcoin is not automatically part of the Strategic Bitcoin Reserve.
The transfer does not confirm a sale. Assets linked to the Bitfinex ha*ck and Alameda Research may face victim-repayment obligations, and seized Bitcoin is not automatically part of the Strategic Bitcoin Reserve.