{"id":135634,"date":"2024-08-16T02:00:58","date_gmt":"2024-08-15T23:00:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135634"},"modified":"2024-08-16T02:00:35","modified_gmt":"2024-08-15T23:00:35","slug":"us-government-moves-600-million-worth-of-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/us-government-moves-600-million-worth-of-bitcoin\/","title":{"rendered":"US Government Moves $600 Million Worth of Bitcoin"},"content":{"rendered":"<p>Data provided by Arkham Intelligence indicates that 10,000 BTC, worth around $600 million, have been transferred to Coinbase Prime, the institutional arm of the popular cryptocurrency exchange.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: 10K Silk Road BTC ($593.5M) moved to Coinbase Prime<\/p>\n<p>Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just been sent on to 33J, a Coinbase Prime deposit wallet. <a href=\"https:\/\/t.co\/kNLsiJzL95\" rel=\"nofollow\">pic.twitter.com\/kNLsiJzL95<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1823755773987500286?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>These BTC originated from a wallet identified as \u201c<em>U.S. Government: Silk Road DOJ Confiscated Funds<\/em>\u201d suggesting a connection to the DOJ\u2019s earlier seizure of assets from the dark web market.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135490\" href=\"https:\/\/cryptodnes.bg\/en\/cardano-faces-growth-challenges-as-user-base-remains-flat\/\" title=\"Cardano Faces Growth Challenges as User Base Remains Flat\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-7-4-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Cardano Faces Growth Challenges as User Base Remains Flat<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>While large transfers to exchanges often imply an impending sale, it has been suggested that this move may be related to trusteeship rather than liquidation. This theory is supported by the U.S. Marshals Service\u2019s recent partnership with Coinbase Prime to process and trade digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US government recently took a significant step concerning seized digital assets related to the Silk Road lawsuit.<\/p>\n","protected":false},"author":7,"featured_media":113165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[280],"coin_category":[],"class_list":["post-135634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-coinbase"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Government Moves $600 Million Worth of Bitcoin<\/title>\n<meta name=\"description\" content=\"The US 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