Lin Chen, head of Asia-Pacific commerce at Deribit, said in a post on X that the U.S. Department of Justice (DOJ) chose Coinbase Prime to hold confiscated crypto assets in escrow and paid Coinbase $32.25 million for the escrow and processing contract, and based on the escrow fee of 2 percent, the DOJ has roughly $1.6 billion in crypto assets to deal with, and can be considered the "the capital management company at the head of the cryptocurrency world." The U.S. Department of Justice has also generated some of its biggest revenue this year from the crypto space.
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Champion!!!!
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