Quote from: STT on April 02, 2024, 10:27:37 PM

Its pretty funny US government uses Coinbase like that or maybe its deliberate kind of free advertising and inadvertently backing the idea of using Coinbase rather then more foreign exchanges possible to use or other avenues.

The US government is not using any exchange directly.
Unless they have a court order on seeing said coins to the auction so sums might be returned to victims of a said incident, they will let a 3rd party deal with it, it was previously Bitgo and now it's Anchorage Digital
https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-6.html

So this move means that AD got the lights to liquidate the funds.

Quote from: Yaunfitda on Today at 12:55:32 AM

And so this is the reason why the sudden drop of the price in the last 48 hours?

https://blockchair.com/bitcoin/transaction/9c3af4b48e66565f1da1da8278036fa1dbb09f2beaaca99c3504475390ba4590
The tx happened 22 hours ago, the drop happened almost one day earlier, if we match the hours on the graph it was around the first green candle after hitting 64192.

Quote from: BABY SHOES on Today at 02:39:57 PM

No wonder the price collapsed again because of this negative sentiment that the US government will sell all the proceeds from confiscated bitcoins.

The price collapsed before the moved!