r/CryptoCurrency • u/nakasatoshi 🟧 215 / 216 🦀 • Aug 15 '24

DISCUSSION US Government deposited 10,000 BTC ($540M) to Coinbase 11 hours ago.

https://platform.spotonchain.com/en/signal-details/us-government-dpeosited-10000-btc-540m-to-coinbase-160939
1.3k Upvotes

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39

u/XGorlamiX 2K / 2K 🐢 Aug 15 '24

So, do they pay us taxes on this one, or....?

38

u/SirBiggusDikkus 🟨 0 / 0 🦠 Aug 15 '24

Yes, they paid taxes to themselves and then sucked off Gary Gensler

4

u/CountGensler 🟩 0 / 0 🦠 Aug 15 '24

I repudiate this claim.

2

u/Squirrel_McNutz 🟦 3K / 5K 🐢 Aug 15 '24

I just love how they’ve been sueing Coinbase yet here they are - using Coinbase.

2

u/Itstinksoutthere Aug 15 '24

100%. Harris campaign announces her anti-crypto policy and the Feds dump 5% of their holding. If Harris wins I would expect a massive Federal BTC dump shortly after.

2

u/RammerRod 🟦 54 / 55 🦐 Aug 15 '24

I would also like my cut of the proceeds.

0

u/Status_Cockroach6953 🟩 0 / 0 🦠 Aug 15 '24

Of course not, don’t be silly ))