The U.S. Government Transfers 10,000 Bitcoins to Coinbase Prime
Publication Time:2024-08-15 00:51:05
According to Golden Finance, the U.S. government has transferred 10,000 bitcoins seized in the Silk Road operation to a Coinbase Prime account. The value of this transfer is approximately $593.9 million. The Silk Road operation was a joint law enforcement operation targeting illegal online drug trading markets, during which the U.S. government seized a large number of bitcoins. This bitcoin transfer to Coinbase Prime reflects the U.S. government's attitude towards the management and compliance use of digital currencies. As the development of the cryptocurrency market continues, such operations have sparked wide-ranging discussions on cryptocurrency regulation and compliance.
Coinbase
Cryptocurrency
Bitcoins
SILK ROAD
U.S. Government