US Government Moves Small Amount of Seized Alameda-Linked Bitcoin, Raising Sale Questions
Suehyeon Lee
Summary
- The US government moved some Bitcoin seized from an account linked to Alameda Research.
- Arkham said the transfer bears watching for the possibility that the US government could dispose of its remaining Alameda-linked Bitcoin holdings.
- Still, the on-chain movement alone does not confirm the start of a US government Bitcoin sale, and the specific amount and purpose of the transfer have not been confirmed.
Forecast Trend Report by Period
The US government has moved a small amount of Bitcoin seized from an account linked to Alameda Research.
On-chain analytics platform Arkham said on Aug. 26 that the government transferred a portion of the Bitcoin it seized about three years ago from an Alameda account on Binance.US to another address.
Arkham said the transaction bears watching for any sign the US government may move to dispose of its remaining Alameda-linked Bitcoin holdings.
Still, the on-chain transfer alone does not confirm that the US government has begun selling Bitcoin. The exact amount moved, the purpose of the transfer and any further disposal plans have not been confirmed.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.