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CryptoIntelligence 2024-08-04 02:00:00

U.S. Government Moves $2 Billion in BTC Amid Controversy Following Trump’s Crypto Promises

The U.S. government has transferred $2 billion worth of Bitcoin, despite former President Donald Trump’s recent statement that the U.S. would never sell its Bitcoin holdings. This transfer, consisting of 29,800 Bitcoin, was moved from a government wallet, which held assets seized from the Silk Road marketplace in 2022, to an unknown address on July 29. The funds have since been transferred to another unknown wallet. This move comes just days after Trump, speaking at the Bitcoin 2024 conference in Nashville, Tennessee, made several pro-crypto promises. He vowed that the U.S. government would retain its Bitcoin holdings and aimed to

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