Source: Coindesk.com
The U.S. government Wednesday moved 10,000 Silk Road-related seized bitcoin (BTC) to Coinbase Prime, the exchange giant's institutional platform, blockchain data by Arkham Intelligence shows.
The crypto wallet that initiated the transfer received the roughly $600 million worth of bitcoin two weeks ago from a wallet tagged as the "U.S. Government: Silk Road DOJ Confiscated Funds."
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The post "U.S. Moves $600M of Silk Road Bitcoin to Coinbase Prime, but Not Necessarily to Sell" appeared first here Coindesk.com.
Source: Coindesk.com
