US Government

US Government Crypto Wallet Moves $20M After Dormancy

October 25, 2024
After months of inactivity, a crypto wallet controlled by the U.S. government moved $20 million in funds, sparking speculations about its purpose in using decentralized finance (DeFi) services. The move, detected by blockchain analytics firm Arkham Intelligence, saw withdrawals in major stablecoins, including USD Coin (USDC) and Tether (USDT), from the DeFi platform Aave. The