{"id":"tp-12136","type":"article-newspaper","title":"U.S. Transfers Seized 3,940 Bitcoin to Coinbase, Market Reacts to Government Sell-Off","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12136","datePublished":"2024-06-27T08:51:42.000Z","dateModified":"2024-06-27T08:51:42.000Z","language":"en","abstract":"The U.S. government transferred 3,940 Bitcoin, seized from convicted drug dealer Banmeet Singh, to Coinbase on June 26, 2024, sparking market reactions amid ongoing concerns over government sell-offs.","section":"Business","references":[{"title":"Cointelegraph","url":"https://cointelegraph.com/news/u-s-government-sends-3-940-bitcoin-coinbase-exchange?fbclid=IwZXh0bgNhZW0CMTAAAR23mCnJn-olTnyIAAaMPB4j2l8XC8AgAa-J2-FhbOzk7IfhBWKgD2eJAvg_aem_W6vqwXVnj-HJdRdGS3Zffg"},{"title":"accused","url":"https://www.justice.gov/usao-sdoh/pr/defendant-pleads-guilty-dark-web-narcotics-case-involving-largest-cryptocurrency"},{"title":"cryptocurrency","url":"https://www.econotimes.com/US-Transfers-Seized-3940-Bitcoin-to-Coinbase-Market-Reacts-to-Government-Sell-Off-1680374#"},{"title":"transactions","url":"https://platform.arkhamintelligence.com/explorer/tx/28a4e98a0d475f6bdddb5738d56d3e12b6455a9aa0c467bca138412a7266392d"},{"title":"data","url":"https://platform.arkhamintelligence.com/explorer/entity/usg"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/us-transfers-seized-32c940-bitcoin-to-coinbase2c-m/1-667ce36428ff45c09f7a56f848c0472f?id=AzoXpZCqZP4%2bDw6Gxiwi9A%3d%3d&view=detailv2&idpp=genimg&thId=OIG3.rgeZ9XWPMpQFnQLvvJ47&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}