Daily Market Updates: U.S. government transfers 12,267 BTC seized from Bitfinex hacker

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U.S. government transfers 12,267 BTC seized from Bitfinex hacker

Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange address, and the move came a day after $383 million in bitcoin hit Coinbase Prime.

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CoinDesk reports that U.S. government-linked wallets moved 12,267 BTC, approximately $1.0 billion, seized from the Bitfinex hacker.

According to Arkham data cited by CoinDesk, the bitcoin was sent to new unlabeled wallets rather than to an exchange address, with no sale indicated in the monitoring.

Decrypt similarly reported that the government wallet sent 12,267 BTC to a new, unlabeled address, based on Arkham tracking.

CoinDesk also noted the timing, saying the transfer happened a day after $383 million in bitcoin hit Coinbase Prime.

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Sources

CoinDeskU.S. government moves $1 billion in bitcoin from Bitfinex hack wallet, no sale indicated

DecryptUS Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker

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U.S. government transfers 12,267 BTC seized from Bitfinex hacker

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Sources

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