EconomyUS moves $470 million in seized crypto to Coinbase wallets, prompting Bitcoin sale questions
Arkham Intelligence said the US government transferred about $470 million in seized crypto, including Bitcoin, wrapped Bitcoin and USDT, to addresses likely linked to Coinbase Prime. The assets are tied to the 2016 Bitfinex hack and Alameda Research. A sale is possible, but the transfers could also reflect internal wallet management or administrative work; forfeiture and victim-restitution claims complicate the assets’ treatment.
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CryptoSlate★★☆☆☆2026-10-08 00:00Original
US moves $470 million in seized crypto to Coinbase wallets, prompting Bitcoin sale questions
Economy