US Moves $1 Billion in Bitcoin to Coinbase, Potentially Threatening Trump’s Reserve Plan

The US government moved $1.92 billion of Bitcoin into new wallets, $963 million of which went immediately to Coinbase. These assets came from the Silk Road seizure, so the US can legally sell them all. Community members are concerned that President Biden is attempting to sell off the US supply before Trump’s inauguration, hampering his plans to create a Bitcoin Reserve. The US Bitcoin... source: https://beincrypto.com/us-bitcoin-transfer-biden-trump-reserve/