Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M – Crypto News – Crypto News
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Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M

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Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M – Crypto News

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Arkham has withdrawn 304.5 million ARKM, valued at approximately $487.24 million, from its vesting contract and transferred them to Coinbase Prime

Arkham has withdrawn 304.5 million ARKMs, valued at approximately $487.24 million, from its vesting contract and transferred them to Coinbase Prime custody to meet regulatory and tax requirements.

This transfer, which began on July 17, includes 115.8 million tokens worth $185.28 million from CEO Miguel Morel. This move aims to enhance security and regulatory oversight.

Additionally, the U.S. government transferred 58.742 BTC, worth about $3.96 million, to Coinbase Prime. This Bitcoin, seized from dark web drug dealer Ryan Farace, is part of the government’s total holdings of 213,239 BTC, valued at $14.36 billion.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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