U.S. Government Moves Seized Crypto Linked to Steroid Distribution Conspiracy

Blockchain analytics firm Arkham Intelligence has reported that the U.S. government recently moved cryptocurrency assets seized in connection with Glenn Olivio, a known anabolic steroid distributor.

The latest transfer involved roughly $7.63K worth of Ethereum (ETH). This follows an earlier movement, made about three weeks prior, of approximately $177K in Bitcoin (BTC), also tied to Olivio.

Source: Arkham Intelligence