Cryptocurrency According to analytics platform Arkham Alert, the US government and cryptocurrency exchange Mt Gox-linked Bitcoin wallets have started trading.
However, when we examine the on-chain data obtained from various data providers as Bitcoinsistemi.com, it should be noted that there was no activity in the wallets associated with the Bitcoins previously seized by the US government.
The US government obtained these BTCs by confiscating the assets of James Zhong, who pleaded guilty to fraud in connection with the Silk Road dark web marketplace. The amount of BTC in question was around 51,000 BTC.
US officials sold about 9,800 BTC of these coins in March and made a profit of over $215 million.
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