U.S. moves $1B Bitcoin from Bitfinex hack wallet, no sale detected

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The U.S. government transferred over $1 billion in Bitcoin linked to the 2016 Bitfinex hack. The funds, totaling 12,267 BTC, were moved from a government-controlled wallet to other unlabeled, private addresses. This transaction occurred one day after authorities moved $383 million in seized Bitcoin to Coinbase Prime. Blockchain data indicates the recent transfer was not to an exchange, suggesting the assets were not immediately sold.

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