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#US government

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US Government Moves $103 Million in Bitcoin and BNB, Sparking Sell-Off Fears
Coins•

US Government Moves $103 Million in Bitcoin and BNB, Sparking Sell-Off Fears

Key Highlights: The U.S. government holds approximately $27.5 billion in confiscated digital assets stemming from legal enforcement actions rather than taxpayer-funded purchases. Recent wallet activity includes the movement of 833.6 Bitcoin tied to the Potapenko and Turogin case and the Bitfinex hack, alongside 40,285 BNB originally seized from Alameda Research. While routing assets to platforms ...

US Government Moves Over $100 Million in BTC and BNB with No Sale Confirmed
Coins•

US Government Moves Over $100 Million in BTC and BNB with No Sale Confirmed

Key Highlights: Wallets linked to the U.S. government transferred over $100 million in Bitcoin and BNB on Tuesday, based on Arkham blockchain data. The moved assets originated from enforcement actions involving the Bitfinex hack, Potapenko/Turogin forfeited funds, and Alameda Research. While roughly $71.6 million in Bitcoin was routed toward Coinbase Prime deposit addresses, market experts ...