US Government Transfers Approximately $7.22 Million Worth of ETH to New Address
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), the US government transferred 4,036 ETH (worth approximately $7.22 million) from a forfeited wallet of the BTC-e exchange to a new address at 1:53 AM Beijing Time on July 11. BTC-e is a cryptocurrency exchange that was shut down by US authorities in 2017, and its operators were arrested on suspicion of money laundering.