U.S. Government Moves $177K Bitcoin Seized from Steroid Dealer Glenn Olivio to Coinbase Prime

TLDR: The U.S. Government sent 2.44 BTC worth $177K from Glenn Olivio’s seized wallet to Coinbase Prime. The transfer ended over 30 days of wallet inactivity, triggering immediate attention from on-chain analysts. Coinbase Prime’s institutional setup suggests the funds are now positioned for custody or potential sale. Small government Bitcoin transfers have historically preceded larger [...]

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