U.S. Government Moves $131 Million in Seized Bitcoin to Coinbase

• US government moved over $131 million in Bitcoin to Coinbase from seized BTC • Transfer was part of larger movement of over 30,000 BTC worth nearly $2 billion • Bitcoin originated from trove seized from James Zhong related to Silk Road case • US government still holds around 213,246 BTC worth over $14 billion • Government crypto sales have not always been optimally timed - sold BTC in March that would now be worth much more