{"id":331883,"date":"2024-06-27T00:21:04","date_gmt":"2024-06-26T18:51:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=331883"},"modified":"2024-06-27T00:21:04","modified_gmt":"2024-06-26T18:51:04","slug":"u-s-government-transfers-3940-bitcoin-worth-241-22m-to-coinbase-prime-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/u-s-government-transfers-3940-bitcoin-worth-241-22m-to-coinbase-prime-crypto-news\/","title":{"rendered":"U.S. Government Transfers 3,940 Bitcoin Worth $241.22M to Coinbase Prime – Crypto News"},"content":{"rendered":"

The Bitcoin was originally seized from narcotics trafficker Banmeet Singh and forfeited at trial in January 2024.<\/p>\n

\n

The U.S. government has transferred approximately 3,940 Bitcoin, valued at $241.22 million, to Coinbase Prime. This transfer occurred a day after receiving judicial approval to sell the cryptocurrency. <\/p>\n

The Bitcoin was originally seized from narcotics trafficker Banmeet Singh and forfeited at trial in January 2024. <\/p>\n

The U.S. government currently holds 213,546 Bitcoin, worth approximately $13.07 billion. The transfer has led to continued sell pressure in the market and will be handled by Coinbase Institutional.<\/p>\n

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin was originally seized from narcotics trafficker Banmeet Singh and forfeited at trial in January 2024. The U.S. government has transferred approximately 3,940 Bitcoin, valued at $241.22 million, to Coinbase Prime. This transfer occurred a day after receiving judicial approval to sell the cryptocurrency. The Bitcoin was originally seized from narcotics trafficker Banmeet Singh […]<\/p>\n","protected":false},"author":2,"featured_media":331887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-331883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=331883"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331883\/revisions"}],"predecessor-version":[{"id":331888,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331883\/revisions\/331888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/331887"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=331883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=331883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=331883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}