The US government transferred about 10,000 BTC to a wallet with an address ending in "noe" on August 14, 2024 at 15:38:31 UTC, according to Arkham Intelligence.

The funds were seized during the Silk Road raid and are valued at $593.91 million.

This is the latest major BTC transfer by the US government, following a transfer of 29,800 BTC to an unknown address on July 29, 2024.

The US government currently holds about 203,000 BTC, worth $12 billion.

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