US Government Moves $103 Million in Seized Bitcoin and BNB, But Hasn't Said Why

The U.S. government recently transferred $103 million worth of seized Bitcoin and BNB, but the reason behind the move remains unclear. The transaction involved 833.6 BTC sent to Coinbase Prime deposit addresses and 40,285 BNB. This is the largest cryptocurrency holding by any government, according to Arkham's ranking.