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BitcoinSource: CoinCentral ·

Why Did Trump Media Move 4,259 Bitcoin to Crypto.com Right Now?

Wallets tied to Trump Media sent 4,259 bitcoin, worth about $342 million, to Crypto.com. The amount nearly matches the 4,260.73 bitcoin pledged as collateral for its convertible notes. Noteholders can demand repayment on Nov. 30, which could cost the company about $1 billion.

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