US Government Moves $470M in Seized Bitcoin to Coinbase Prime
The United States government has transferred $470 million in seized Bitcoin and Tether to Coinbase Prime, according to TradingView.
The United States government transferred $470 million worth of seized Bitcoin and Tether to the Coinbase Prime platform, according to data from TradingView.
Transfer Details
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The movement involves government-held digital assets routed to institutional custody and prime brokerage services. Such transactions typically involve assets confiscated during law enforcement operations and subsequently managed or prepared for potential liquidation by authorities.
Key facts
- The United States government transferred $470 million in seized digital assets.
- The assets include Bitcoin and Tether.
- Funds were moved to Coinbase Prime, according to TradingView.
Source: news.google.com
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