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8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

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 transf...

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8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
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. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert, […]

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

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