🚨Details of the transfer order 3,940 $BTC to Coinbase of the US Government.

This is an amount of Bitcoin worth 243 million USD, confiscated by authorities from Banmeet Singh, who once distributed hundreds of kilograms of drugs through the Bitcoin black market "The Silk Road".

This liquidation is not too large, but shows the US Government's continuous move in selling number #Bitcoin recovered from illegal activities. Previously, in early April, the US Government transferred 30,100 $BTC. In January, the US also announced the sale of 2,934 BTC originating from "The Silk Road".

According to Arkham, the US Government wallet still holds about 213,546 BTC, worth more than 13 billion USD, along with many other altcoins (worth about 450 million USD).

=> Hopefully the US will comply with the statement of gradual sale according to the multi-year roadmap. If sold simultaneously, this amount of BTC will dump the market quite deeply ~ ~