Friend.tech comments on the transfer of 7821 ETH to Coinbase

Friend.tech, a leading technology company, has announced that they have successfully transferred 7821 ETH to Coinbase. This transfer was made in order to enhance the long-term security of Friendtech and fulfill their tax obligations. According to the company, the funds were transferred through on-chain transactions, which involved transferring ownership rights to the contract and Friendtech funds to a new combination of multisig and professional custodian. By making these changes, Friend.tech aims to ensure the safety and compliance of their operations.