The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
Related Posts
Is Bitcoin mispricing a prolonged Iran war? Ex-hedge fund manager weighs in
In a recent Cointelegraph interview, macro investor James Lavish explains why markets are pricing in a quick end to the Iran war — and what could happen if that assumption is wrong.
$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?
ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.
Expert Trader Who Called $126K Bitcoin Peak Makes Official Bottom Call
Tony Severino, a Chartered Market Technician and Bitcoin trader, was among the rare few analysts who accurately pinpointed the peak in Bitcoin both in terms of timing and at what price. In a recent X Space, Severino shared his official target for the bear market bottom in BTCUSD. The target includes at what price level […]