The US government transferred over $1.9 billion in BTC seized from Silk Road to a Coinbase Prime wallet. 🧐
- 19,800 BTC were moved in December, according to Arkham Intelligence.
- The coins were seized from James Zhong in 2021.
- It is unclear whether authorities plan to sell or trade the BTC.
- Senators propose creating a "strategic bitcoin reserve."
- Coinbase Prime is collaborating with US Marshals to store such assets.