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US government initiates around $922 million in bitcoin trans | Crypto Futures Trading

US government initiates around $922 million in bitcoin transfers from seized Bitfinex hack funds

The U.S. government appears to have transferred out about $922 million worth of bitcoin from two crypto wallets that held funds seized from a 2016 Bitfinex hack, according to data from Arkham Intelligence. One wallet first transferred out 1 bitcoin ($60,200) on Wednesday afternoon EST and subsequently transferred out 2817 bitcoin worth around $172.74 million to unidentified addresses, the data showed. The U.S. Department of Justice did not immediately respond to The Block’s request for comment.

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