Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Topic OP
Bitcoin moved by the US government
by
peter0425
on 15/08/2024, 05:57:52 UTC
⭐ Merited by Dave1 (2) ,FatFork (1)


US government just moved 10,000 bitcoins to an exchange, coinbase prime. While this might be worrying for others especially after the German government moving their own bitcoins, I advise everyone to remain calm. The 10,000 bitcoins taken in custody from the Silk road case were transferred to an exchange but not with the intention of selling them.

The government has made partnership with Coinbase and has entrusted them to hold seized bitcoins. So if anyone is saying that this is a sign of a market crash or a reason for it then don’t believe them and remain steadfast in your hodling.