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Arkham has withdrawn 304.5 million ARKMs, valued at approximately $487.24 million, from its vesting contract and transferred them to Coinbase Prime custody to meet regulatory and tax requirements. This transfer, which began on July 17, includes 115.8 million tokens worth $185.28 million from CEO Miguel Morel. This move aims to enhance security and regulatory oversight. Additionally, the U.S. government transferred 58.742 BTC, worth about $3.96 million, to Coinbase Prime. This Bitcoin, seized from dark web drug dealer Ryan Farace, is part of the government's total holdings of 213,239 BTC, valued at $14.36 billion.
ARKHAM'S $487M ARKM MOVE TO COINBASE PRIME Arkham just transferred 304.5M ARKMs ($487.24M) to Coinbase Prime for regulatory compliance, including 115.8M tokens ($185.28M) from CEO Miguel Morel. This transfer, starting July 17, enhances security and regulatory oversight. Daily… https://t.co/ifkVkN5Dh5
YO, ARKHAM DROPS $487M ARKM BAGS INTO COINBASE PRIME Arkham just shifted 304.5M ARKMs ($487.24M) to Coinbase Prime for tax regs, with 115.8M tokens ($185.28M) from CEO Miguel Morel. This unlocks 324,200 ARKMs daily ($518K) on a 3-year plan, securing bags for investors starting… https://t.co/DTyAhU5O8x
[ARKHAM] U.S. Government Transfers 58.742 #BTC Seized from Dark Web Dealer to Coinbase Prime, Worth $3.96 Million; Total Holdings at 213.239k BTC Valued at $14.397 Billion https://t.co/voy61XqKgd