• Scott Johnsson asserts that the USMS’ Bitcoin transactions signal a sell-off.
• The lawyer points out a previous agreement between the USMS and Coinbase Prime.
• Johnsson states that the move may have accelerated after Donald Trump’s support for Bitcoin.

The US Marshals Service recently moved 10,000 Bitcoins, possibly tied to the Silk Road seizure. This has sparked discussions about whether the government is selling off its Bitcoin. Finance lawyer Scott Johnsson contends these transfers point to an upcoming sale, referencing a previous deal with Coinbase Prime.

Highlighting his arguments on the USMS’ Bitcoin activity, Johnsson drew attention to its connection to a previous agreement with the USMS and Coinbase. According to the terms of the agreement that began in June, if the USMS assets are transferred to Coinbase Prime, it implies a s…

The post The US Marshals Are Moving Bitcoin. Should You Worry? appeared first on Coin Edition.

• Scott Johnsson asserts that the USMS’ Bitcoin transactions signal a sell-off.
• The lawyer points out a previous agreement between the USMS and Coinbase Prime.
• Johnsson states that the move may have accelerated after Donald Trump’s support for Bitcoin.

The US Marshals Service recently moved 10,000 Bitcoins, possibly tied to the Silk Road seizure. This has sparked discussions about whether the government is selling off its Bitcoin. Finance lawyer Scott Johnsson contends these transfers point to an upcoming sale, referencing a previous deal with Coinbase Prime.

Highlighting his arguments on the USMS’ Bitcoin activity, Johnsson drew attention to its connection to a previous agreement with the USMS and Coinbase. According to the terms of the agreement that began in June, if the USMS assets are transferred to Coinbase Prime, it implies a s…

The post The US Marshals Are Moving Bitcoin. Should You Worry? appeared first on Coin Edition.