US government moves nearly 4,000 BTC worth $240 million to exchange

Mike Dalton

The US government moved 3,940 Bitcoin to an exchange on June 26, leading to speculation of a sell-off, according to Arkham Intelligence data. The Bitcoins in question were seized from drug trafficker Banmeet Singh and are worth roughly $240 million as of press time. The tokens were moved from the US government’s wallet — which […]

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US government moves nearly 4,000 BTC worth $240 million to exchange