German Government Moves Millions More in Bitcoin to Exchanges

The German government transferred another $95 million in seized Bitcoin to exchanges, sparking renewed concerns it may sell part of its massive Bitcoin reserves.

Jul 2, 2024 - 02:30
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German Government Moves Millions More in Bitcoin to Exchanges

The German Federal Criminal Police Office (BKA) on Monday transferred an additional 1,500 Bitcoin, valued at nearly $95 million, to multiple crypto exchanges, including Bitstamp, Coinbase, and Kraken.