United States Government transfers $130 million in seized Bitcoin to Coinbase

US government moves $130million worth of Bitcoin to a Coinbase wallet. The United States government has reportedly moved approximately $130 million worth of Bitcoin to the digital wallet of one of the biggest crypto exchanges in the world, Coinbase Global Inc.  The latest development comes after the United States government announced in January, that it was going to offload almost $2 billion worth of Bitcoin, confiscated from the now-defunct dark web marketplace, Silk Road, as part of an “expected eventual liquidation of the seized assets.” Initial reports stated that the…

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