The Arkham Team's ARKM Token Transfers to CoinbasePrime for Tax and Compliance Operations
Publication Time:2024-07-21 03:32:09
Chain analysis by Ashen reveals that following an official announcement on July 18th, the Arkham team has taken action to transfer 304,500,000 ARKM tokens (worth roughly $487,240,000) from the unlocking contract to CoinbasePrime. The purpose of this transfer is to manage taxes and ensure compliance with applicable regulations. This means that future unlocking and transfer activities of these tokens will not be directly observable on the blockchain.
Arkham
CoinbasePrime
Compliance
ARKM Token
Tax