On July 14, according to on-chain analyst @ai_9684xtpa, the U.S. government deposited 3940 BTC and 30,006 ETH into Coinbase, worth $297 million. Over the past 9 hours, the addresses under the U.S. government's name, "Brian Krewson Confiscated Funds" and "Seized Funds," have transferred tokens to Coinbase. Both addresses belong to confiscated funds. The purpose of this deposit is unknown.
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U.S. Government Deposits 3940 BTC and 30,006 ETH into Coinbase, Valued at $297 Million
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