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Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.
The SEC has been accused of using enforcement actions to bring all digital assets into its jurisdiction.
Based on the ex-Coinbase employee's information, his brother and an associate earned around $1.5 million in profits, the DOJ alleged.
Coinbase is a publicly listed digital asset platform that operates one of the largest regulated crypto exchanges in the United States.
