US EditionUS Government Sends 2.44 BTC From Drug Case to Coinbase Prime in Fresh Wallet Activity
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11 Articles
U.S. Government Moves $177K Bitcoin Seized from Steroid Dealer Glenn Olivio to Coinbase Prime
TLDR: The U.S. Government sent 2.44 BTC worth $177K from Glenn Olivio’s seized wallet to Coinbase Prime. The transfer ended over 30 days of wallet inactivity, triggering immediate attention from on-chain analysts. Coinbase Prime’s institutional setup suggests the funds are now positioned for custody or potential sale. Small government Bitcoin transfers have historically preceded larger cluster movements in seized asset cycles. U.S. government-s…
US Government Moves $177K In Bitcoin From Steroid Case To Coinbase Prime
The US Government moved $177,400 in Bitcoin to Coinbase Prime roughly 11 hours ago, according to Arkham Intelligence tracking. The transfer came from wallets associated with the Glenn Olivio seizure, a 2025 steroid distribution case, and represents the government’s first on-chain Bitcoin movement in over a month. Arkham caught two transactions leaving the same source: 0.46 BTC ($33,440) and 1.979 BTC ($143,940), both sent to the same Coinbase Pr…
The United States has transferred seized bitcoins to a Coinbase Prime address. The important point is not the amount, modest at the market level. The real signal is that Washington is increasingly treating confiscated bitcoin as an asset to organize, preserve and integrate into a broader public strategy. A discreet transfer, [...] The Bitcoin article: The United States is sending seized BTCs to Coinbase and swelling their reserve has appeared fi…
US Government Moves $177,000 in Seized Bitcoin to Coinbase Prime
The US government transfers 2.44 BTC worth $177,000 from Glenn Olivio seized funds to Coinbase. Funds linked to steroid distribution case involving Olivio and co-conspirator Dana Light. Treasury Secretary Bessent previously confirmed all seized Bitcoin sales have been halted. The US government moved 2.44 Bitcoin worth approximately $177,000 to a Coinbase Prime address this week, with on-chain data linking the funds to wallets labelled as seized …
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