US Government moved nearly $300M worth of Bitcoin

9,825 $BTC (~$297M) was moved by the US Government from 3 wallets that hold seized Silk Road Bitcoin, around 12 hours ago, of which:

1. 8,200 $BTC ($248M) was

• moved to a new address 361yogPsa (TXID here)
• then distributed to 101 recipients; each received 79.2 $BTC (TXID here)

1. 1,625 $BTC ($49.24M) was moved to 2 new wallets:

• address bc1qpg8e received 1,118.73 $BTC ($33.87M) (TXID here)
• address bc1q77n0 received 506.55 $BTC ($15.34M) (TXID here)
• no further action

Check out all Bitcoin wallets held by the US Government here.

https://preview.redd.it/wehrjqqjqubb1.png?1450&format=png&auto=webp&s=e50dfc5106a72830caf53b44115f008791252d3f

Source: Spot on chain