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Blockchain activity: https://blockchair.com/bitcoin/address/bc1q7rhc02dvhmlfu8smywr9mayhdph85jlpf6paqu https://blockchair.com/bitcoin/address/bc1q7rhc02dvhmlfu8

Blockchain activity: https://blockchair.com/bitcoin/address/bc1q7rhc02dvhmlfu8smywr9mayhdph85jlpf6paqu https://blockchair.com/bitcoin/address/bc1q7rhc02dvhmlfu8smy... I have no idea how this passed Coinbase's KYC limits, there must be much more to the story here. I can't imagine that it was a typical self-serve trade via their web UI, he surely developed some form of OTC relationship with Coinbase to pull off buying this much BTC and successfully withdrawing it. ~$144m of May 2021 BTC turned into ~$221m in December at the time of seizure, if they decide to realize the gains.

desdiv 5y ago
>I have no idea how this passed Coinbase's KYC limits, there must be much more to the story here. He fraudulently opened a Coinbase business account for SA Reinsurance, a Sony Life subsidiary. The SA Reinsurance documents he submitted were legitimate, but he was not authorized to open such an account.