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Analysis: US Government Moves Nearly $600 million Of Silk Road Bitcoin Or Just For Escrow
Blockchain data from Arkham Intelligence revealed that the U.S. government on Wednesday transferred 10,000 Silk Road-related seized bitcoins (BTC) to the exchange giant's institutional platform, Coinbase Prime. Deposits to exchanges usually indicate an intention to sell assets, but in this case, the transfer could be for custodial reasons, as the U.S. Marshals Service, a division of the Department of Justice, announced a partnership with Coinbase Prime last month to...
2024-08-14 19:30:42
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