Bitcoin Movement: Sanctions-Linked Bitcoin Seen for First Time in Three Years

A significant Bitcoin movement has been detected, with 15,965 bitcoins linked to sanctioned wallets moving for the first time in three years. These bitcoins belong to Chen Zhi, who is believed to be the mastermind behind the Taizi Group’s criminal activities. This transfer distinguishes itself from the 127,000 bitcoins seized by the US last week, targeting related operations.