8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

Quick Summary:

Blockchain monitoring firm Arkham Intelligence has reported that the U.S.government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave.

This transfer marks the first activity on this specific government-linked address in eight months.

8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

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Article Details

Category: Crypto

Markets: Japan

Topics: News Bytes News Bytes 1 US government DOJ crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 19:37:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 16 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23228882

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 17 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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