🇺🇸 The U.S Government moved 97.34 $BTC ($8.52M) and 884.3 $ETH ($1.78M) to new wallets in the past 8 hours!
These funds were confiscated from Sae-Heng, a person involved in confidence scams.
Currently, the #USGovernment still holds 198.4K $BTC ($17.3B) and 58K $ETH ($116M).
Follow @spotonchain for more updates at https://x.com/spotonchain/status/1905438552164630944
🚨[BREAKING] The US 🇺🇸 Government has received approval to sell 69,370 $BTC (~$6.5B) seized from Silk Road!
Note that previous sales did not directly impact the price, as they were done via OTC, but market panic often caused temporary drops.
Currently, the US Government holds around 197K $BTC ($18.6B).
Follow @spotonchain and track the #USGovernment now!
👉 Details: https://x.com/spotonchain/status/1877182579906068970
💰 The #Bitcoin OG is currently sitting on another $22.6M unrealized profit from its $BTC short (10x).
• Size: 4,394.74 $BTC ($484M)
• Entry: $115,288.40
• Liquidation: $124,264.31
• Last added: 7 hours ago
Meanwhile, 2 hours ago, the #USGovernment moved 667.62 $BTC ($74.8M) from seized Potapenko/ Turogin funds into a new wallet. No further movement yet, but $BTC has dropped by $1,420 since.
Follow @spotonchain for more updates now!
https://x.com/spotonchain/status/1978053536865988992
🚨 The #USGovernment moved 19,800 $BTC ($1.92B) out 8 hours ago, of which 10,000 $BTC ($962.9M) were sent to #Coinbase.
So far in 2024, the US government has transferred a total of 25,999 $BTC (now: $2.49B) to Coinbase. However, these transfers appear to be custody actions rather than sales.
Currently, the US government still holds approximately 183,850 $BTC ($17.57B) across various known addresses.
Follow @spotonchain and check out more details at https://x.com/spotonchain/status/1863763869220647172
The US Government moved another 3,940 $BTC ($241M) to #Coinbase Prime ~9 hours ago.
Their last move was sending 2K $BTC ($131M) to Coinbase Prime on Apr 3, 2024 but it did not directly affect the BTC spot price.
Currently, the US Government holds around 213.5K $BTC ($13B).
Follow @spotonchain and monitor the #USGovernment entity via https://platform.spotonchain.ai/en/platform/entity/188
The #USGovernment transferred 15,940 $BTC($966.4M) to #CoinbasePrime in three transactions this year.
Within three days of the first two transfers, the price of $BTC both dropped by ~5%.
https://platform.arkhamintelligence.com/explorer/tx/b614dd2e0fa06d776ee4d45973fab5ceb6e2dfebfb84e5f7bd45ef0975455240
https://platform.arkhamintelligence.com/explorer/tx/0f3f9a7c01d85c5747a3ae6cc9621cc30360390c4b681c1f95573e6bbcffed4f
https://platform.arkhamintelligence.com/explorer/tx/a224c1658e4e4c1c0480312aea6c6102dbd5ec912810c799998a4d2f00741b0d
The #USGovernment Silk Road address transferred 10K $BTC($594M) to #CoinbasePrime 2 hours ago!
The #USGovernment currently holds 203,239 $BTC($12.05B).
The US Government deposited another 58.74 $BTC ($3.96M) to #CoinbasePrime 7 hours ago.
So far in 2024, the US government has moved out 6,261 $BTC at an avg price of $62,538 ($392M), mostly after the price rose in late Feb. Among those tokens, 5,999 $BTC ($376M) went to Coinbase.
The US government still holds 213K $BTC ($14.3B).
Follow @spotonchain and set alerts for the #USGovernment now via https://platform.spotonchain.ai/en/platform/entity/188
🚀 U.S. Government Budget Deficit Narrows in March
The U.S. government reported a budget deficit of $164 billion in March. According to Jin10, this figure was slightly higher than the anticipated deficit of $156.7 billion but showed a significant improvement from the previous month's deficit of $308 billion. The narrowing of the deficit indicates a positive shift in the government's fiscal position compared to earlier projections.
#USGovernment#BudgetDeficit#FiscalPolicy#Economy#March2026#GovernmentFinance#EconomicUpdate
🚀 CZ Accepts Prosecution as Consequence of Scale, Looks Forward Despite Fairness Doubts
Speaking on The Wolf of All Streets Podcast, Binance co-founder Changpeng Zhao (CZ) reflected on the fairness of his prosecution, drawing a parallel to the 1980s US War on Drugs — in which people received lengthy prison sentences for selling marijuana that is now legal in many states — to illustrate how legal standards shift over time. CZ said he believes Binance was the first major crypto platform targeted by the US government under the Biden administration because it was the largest, adding that he understands Senator Elizabeth Warren remains opposed to crypto. He characterized the question of fairness as subjective and said he does not dwell on it. "Is that fair or not? I don't think it matters that much," he said, adding that he is focused on looking forward and continuing to build.
#Binance#ChangpengZhao#Crypto#Cryptocurrency#Prosecution#Legal#USGovernment#ElizabethWarren#Blockchain#Regulation#BNB
Binance Hits 250M Users, Record Stats
Binance reports over 250 million registered users by year's end, a 47% increase. Platform processed 4.44M requests/second; VIP users up 116%, institutional users up 97%. Internal compliance team expanded to 650 experts. Read more
US government clear to liquidate 69,000 Bitcoins (valued at $6.5B) seized from Silk Road. This follows a promise by the new administration not to sell the Bitcoins. Read more
#Binance#Bitcoin#Crypto#Users#VIP#Institutional#Compliance#SilkRoad#Seizure#Finance#USGovernment#AnnualReport#MarketCap#Trading#Blockchain#Investments#Tech#DigitalCurrency#News