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German Law Enforcement Transfers $425M in Bitcoin From Seized Funds

June 19, 2024
in Bitcoin
Reading Time: 1 min read
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German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
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Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the social media […]
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