Krypto para Scott Johnson, a well-known attorney focused on Bitcoin suggested that the recent price drops could be linked to the actions of the U.S. Marshals Service (USMS). “The U.S. Marshals Service is almost certainly selling Silk Road Bitcoin,” Johnson explained in a detailed statement.
Johnson explained that USMS transferred Bitcoin to a custody address under a service agreement with Coinbase in June. This agreement requires USMS assets to remain completely separate. However, Johnson noted that when these transfers are made to a mixed exchange address like CB Prime, it is an indication that USMS has already sold Bitcoin or is in the process of doing so.
Johnson predicts that official confirmation of these transactions will be included in the Department of Justice’s (DOJ) FY2024 Asset Expenditure Program report, scheduled for release in January. Johnson also hinted that these sales may have intensified following a recent speech by former President Donald Trump, and said that such actions were foreseeable based on the DOJ Office of Inspector General audit report, the USMS cryptocurrency services agreement Request for Proposals (RFP), and various court decisions.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Also Android ve IOS Download our apps and start tracking live prices now!
Source: https://www.bitcoinsistemi.com/bitcoin-fiyatindaki-dususun-nedeni-belli-olmus-olabilir-ocak-ayinda-ilan-edecekler/
