Did US government move $2 billion seized bitcoin to a new wallet?

Bitcoin and the USA. Image: Shutterstock The United States government moved just over $2 billion worth of seized Bitcoin connected to the Silk Road dark web marketplace to a new, as yet unidentified wallet, according to on-chain data shared by Arkham Intelligence.

How many Bitcoins did the government transfer to Coinbase Prime?

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap The U.S. government has transferred 19,800 Bitcoins worth approximately $2 billion to Coinbase Prime. This stash, seized from the infamous Silk Road marketplace, was part of the government’s long-running effort to liquidate confiscated crypto assets.

How many Bitcoins did the government sell in 2023?

Court filings show that the government sold a portion of these assets in March 2023, offloading 9,861 bitcoins for $216 million. The DOJ had planned to liquidate the remaining holdings in four tranches over the year, but updates on further sales have been scarce.

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