News Explorer — United States Moves Millions of Dollars in Seized Bitcoin

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Jul 22, 8:39 pm

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United States Moves Millions of Dollars in Seized Bitcoin

The United States government has transferred nearly $4 million worth of Bitcoin, seized from a convicted drug trafficker, to an unlabeled wallet. It is unclear whether the government intends to sell the Bitcoin or is simply managing its funds. The government still holds approximately $15 billion worth of cryptocurrency, with the majority being in Bitcoin.

The United States government has transferred nearly $4 million worth of Bitcoin, seized from a convicted drug trafficker, to an unlabeled wallet. It is unclear whether the government intends to sell the Bitcoin or is simply managing its funds. The government still holds approximately $15 billion worth of cryptocurrency, with the majority being in Bitcoin.

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