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US Government Moves $1.91M in Alameda-Seized Bitcoin—Is a Sale Coming?

9h ago
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  • The US government moves 24.408 BTC worth $1.91 million seized from Alameda.
  • U.S. holds 324,527 BTC ($25.56B), making up most of its $25.87B crypto portfolio. 
  • The move comes as Bitcoin price rebounds, though no sale has been confirmed.

The U.S. government moved 24.408 Bitcoin on Wednesday from a wallet containing assets it seized from FTX and Alameda Research

The transaction has raised questions about whether the government is preparing to liquidate more of the BTC seized from the bankrupt crypto firms.

Moving Bitcoin Seized From Alameda Wallets

Blockchain intelligence platform Arkham flagged the transaction on X, stating that the U.S. government moved a small amount of Bitcoin seized from Alameda accounts on Binance.US three years ago.

Arkham’s dashboard shows 24.408 BTC, worth about $1.91 million at the time of the transaction, was transferred from a wal…

Read The Full Article US Government Moves $1.91M in Alameda-Seized Bitcoin—Is a Sale Coming? On Coin Edition.

9h ago
bullish:

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bearish:

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