Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Financial Lawyer Scott Johnsson: The U.S. Government May Be Selling Bitcoin

Financial Lawyer Scott Johnsson: The U.S. Government May Be Selling Bitcoin

Bitget2024/08/17 03:29

Financial lawyer Scott Johnsson stated on the X platform that the U.S. Marshals Service (USMS) is almost certainly selling Bitcoin from Silk Road. According to a service agreement signed by USMS and Coinbase in June, USMS has been sending Bitcoin to the custodial address required by the agreement. Given that the agreement requires USMS's assets to be completely isolated, once transferred finally arrives at Coinbase Prime (or other mixed trading addresses), it can be confirmed that USMS has sold or is about to sell these Bitcoins. The final sale situation will be confirmed at latest in the report of Department of Justice Asset Forfeiture Program for fiscal year 2024.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!