US Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker

The United States government executed a substantial transfer of Bitcoin, moving 12,267 BTC, valued at approximately $1 billion, from a wallet known to hold funds seized from individuals implicated in the 2016 Bitfinex hack. According to on-chain analytics data provided by Arkham, these Bitcoin funds were transferred to a new, previously unlabeled address, signifying a notable movement of a significant portion of the government's recovered digital assets.