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US gov’t sends 3,940 Bitcoin to Coinbase exchange

Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US gov’t sends 3,940 Bitcoin to Coinbase exchange

Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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