tldr; Galaxy Digital facilitated the sale of over 80,000 Bitcoin, worth $9 billion, on behalf of a long-term holder, marking one of the largest transactions in Bitcoin’s history. The coins were traced to wallets linked to MyBitcoin, a defunct platform that shut down after a 2011 hack. The sale, part of the client’s estate planning, raised questions about the seller’s identity and motives. Despite concerns, Bitcoin quickly rebounded above $117,000, showcasing its market resilience and maturity as an asset class.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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this is the most polite crypto crime cleanup i’ve ever seen. it’s giving “legal but not ethical” energy
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tldr; Galaxy Digital facilitated the sale of over 80,000 Bitcoin, worth $9 billion, on behalf of a long-term holder, marking one of the largest transactions in Bitcoin’s history. The coins were traced to wallets linked to MyBitcoin, a defunct platform that shut down after a 2011 hack. The sale, part of the client’s estate planning, raised questions about the seller’s identity and motives. Despite concerns, Bitcoin quickly rebounded above $117,000, showcasing its market resilience and maturity as an asset class.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
this is the most polite crypto crime cleanup i’ve ever seen. it’s giving “legal but not ethical” energy