US Government Moves $1B in Seized Bitcoin
The US government transferred $1 billion in seized Bitcoin following earlier transfers worth $770 million, according to Cointelegraph.
The US government has moved seized Bitcoin valued at $1 billion, Cointelegraph reported.
The movement followed earlier transfers totaling $770 million. The report’s headline identified both sets of transfers as involving government-held Bitcoin.
The supplied report did not specify the destination of the funds or the reason for the transfers. It also did not establish whether the Bitcoin had been sold.
Source: Cointelegraph
