Arkham Intelligence Reveals U.S. Government’s Bitcoin Transfer to Coinbase

Blockchain analytics firm Arkham Intelligence revealed that the U.S. government has transferred $4 million in seized Bitcoin to Coinbase. The funds originated from a 2020 drug case involving Ryan Farace, who operated under the alias “Xanaxman” on the dark web. This news coincides with the defunct crypto exchange Mt. Gox resuming its Bitcoin sales and The post Arkham Intelligence Reveals U.S. Government’s Bitcoin Transfer to Coinbase appeared first on Coin Edition .

Source: Coin Edition