Arkham has withdrawn 304.5 million ARKM, valued at roughly $487.24 million, from its vesting contract and transferred them to Coinbase Prime
Arkham has withdrawn 304.5 million ARKMs, valued at roughly $487.24 million, from its vesting contract and transferred them to Coinbase Prime custody to fulfill regulatory and tax necessities.
This switch, which started on July 17, consists of 115.8 million tokens value $185.28 million from CEO Miguel Morel. This transfer goals to boost safety and regulatory oversight.
Moreover, the U.S. authorities transferred 58.742 BTC, value about $3.96 million, to Coinbase Prime. This Bitcoin, seized from darkish net drug seller Ryan Farace, is a part of the federal government’s whole holdings of 213,239 BTC, valued at $14.36 billion.
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