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CryptoGlobe
2023-03-09 04:22:00

US Government Transfers Over $200 Million in Bitcoin ($BTC) to Coinbase, Blockchain Data Shows

US Government Transfers Over $200 Million in Bitcoin ($BTC) to Coinbase, Blockchain Data Shows

The US government has transferred a significant amount of the flagship cryptocurrency Bitcoin ($BTC) to Nasdaq-listed cryptocurrency trading platform Coinbase, according to data from the cryptocurrency’s blockchain. According to cryptocurrency analysis firm PeckShield, 49,000 BTC worth around $1 billion from wallets related to seizures of the now defunct darknet marketplace Silk Road have started moving.

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