US Government Sends 2.44 BTC From Drug Case to Coinbase Prime in Fresh Wallet Activity
The U.S. government transferred 2.44 BTC, worth over $177,000, from seized assets related to a federal steroid trafficking and money laundering case to Coinbase Prime's institutional custody. This move indicates continued government enforcement actions and the use of regulated crypto custody solutions. It reflects ongoing efforts to manage and liquidate criminal proceeds within the crypto ecosystem.
The U.S. government moved roughly 2.44 bitcoin, valued at more than $177,000, from seized proceeds linked to a federal steroid trafficking and money laundering case to a Coinbase Prime institutional custody address on Friday. Key Takeaways: The U.S. government sent approximately 2.44 BTC, valued at more than $177,000, linked to Glenn Olivio, to Coinbase Prime […]
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