Recent Transfer
According to Arkham, a US government-controlled wallet transferred 11.84 bitcoins ($726,000). This wallet holds cryptocurrency confiscated from HashFlare and Polybius Bank founders Sergey Potapenko and Ivan Turõgin.
Background on Founders
In January, Estonia approved their extradition to the US. They face charges of creating a $575 million financial pyramid. They have been indicted on 18 counts, each punishable by up to 20 years in prison.
Government Holdings
US government wallets hold over $13 billion in various crypto assets.
