DeFi
Arkham Transfers 304.5 Million ARKM to Coinbase Prime; US Governor Transfers 58,742 BTC Worth $3.96 Million
Arkham withdrew 304.5 million ARKM, valued at approximately $487.24 million, from its acquisition contract and transferred it to Coinbase Prime
Arkham has withdrawn 304.5 million ARKM, valued at approximately $487.24 million, from its acquisition agreement and transferred it to Coinbase Prime custody to meet regulatory and tax requirements.
The transfer, which began on July 17, includes 115.8 million tokens worth $185.28 million from CEO Miguel Morel. The move is aimed at strengthening security and regulatory oversight.
Additionally, the US government transferred 58,742 BTC, worth about $3.96 million, to Coinbase Prime. This bitcoin, seized from dark web drug trafficker Ryan Farace, is part of the 213,239 BTC held by the government, worth $14.36 billion.
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