{"id":324212,"date":"2023-05-10T22:12:12","date_gmt":"2023-05-10T21:12:12","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=324212"},"modified":"2023-05-10T22:12:22","modified_gmt":"2023-05-10T21:12:22","slug":"arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue\/","title":{"rendered":"Arkham says US government not moving Bitcoin; labeling issues continue"},"content":{"rendered":"<p>Arkham Intelligence said that it has not observed funds moving from wallets connected to the U.S. government in a series of tweets on <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1656358361758068743\">May 10<\/a>.<\/p>\n<p>In a now-protected account, Twitter user beetle (@1kbeetlejuice) suggested that &#8220;[U.S. government] Bitcoin wallets are on the move&#8221; based on Arkham data.<\/p>\n<p>Arkham refuted the rumor as it spread on social media, writing:<\/p>\n<blockquote><p>&#8220;Don't see anything on our end.&#8221;<\/p><\/blockquote>\n<p>The issue seems to have emerged from community labels. Arkham explained that users can manually add labels to wallet addresses and edit data collections called Entities.<\/p>\n<p>Arkham said that such manual changes &#8220;do not reflect associations&#8221; made by Arkham itself. It explained that it has marked just seven Bitcoin wallets as associated with Silk Road \u2014 the darknet market from which the U.S. has seized certain crypto addresses.<\/p>\n<p>Regarding the wallets it has officially tagged, Arkham wrote:<\/p>\n<blockquote><p>&#8220;There have been no outgoing Bitcoin transactions from these wallets today.&#8221;<\/p><\/blockquote>\n<p>A <a href=\"https:\/\/cryptoslate.com\/intelligence-platform-arkham-sent-incorrect-bitcoin-alert-coinciding-with-6-crash\/\">similar incident<\/a> occurred in late April when self-styled crypto news wire DB (@tier10k) suggested that government crypto funds were in transit based on similar data.<\/p>\n<p>Arkham Intelligence has shown it is not directly responsible for incorrect labels. However, the platform's approach to labeling is clearly an issue due to the fact that community labels cannot be readily distinguished from official labels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arkham Intelligence said that it has not observed funds moving from wallets connected to the U.S. government in a series of tweets on May 10. In a now-protected account, Twitter user beetle (@1kbeetlejuice) suggested that &#8220;[U.S. government] Bitcoin wallets are on the move&#8221; based on Arkham data. Arkham refuted the rumor as it spread on [&hellip;]<\/p>\n","protected":false},"author":1403,"featured_media":306648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77968,38],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arkham says US government not moving Bitcoin; labeling issues continue<\/title>\n<meta name=\"description\" content=\"Arkham Intelligence said that it has not observed funds moving from wallets connected to the U.S. government in a series of tweets on May 10.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arkham says US government not moving Bitcoin; labeling issues continue\" \/>\n<meta property=\"og:description\" content=\"Arkham Intelligence said that it has not observed funds moving from wallets connected to the U.S. government in a series of tweets on May 10.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-10T21:12:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-10T21:12:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/03\/us-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/arkham-says-us-government-not-moving-bitcoin-labeling-issues-continue\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. 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