US govt sends $594m Bitcoin to Coinbase
The U.S. government transferred Bitcoin worth $593.5 million to its favored crypto brokerage, Coinbase Prime, on August 14, as reported by Arkham Intel. This transfer involved a 10,000 BTC tranche sent to the wallet “bc1ql” two weeks prior. The U.S. government has accumulated a total of approximately 69,370 BTC from the Silk Road seizure. This …