The U.S. government transferred $288 million in seized BTC and ETH to Coinbase Prime
Svmuu News: The on-chain tracking platform Arkham shows that on Monday, the U.S. government transferred seized BTC and ETH with a total value of $288.33 million to Coinbase Prime. This included approximately 3,800 BTC, worth $235 million, and approximately 30,000 ETH,worth $53 million. These assets stem from criminal cases involving Brian Krewson, BTC-e, and Ryan Farace, among others. Tim Sun, a senior researcher at HashKey, noted that CoinbasePrime serves as a custodian for the U.S. government, and it remains unclear whether this transfer is in preparation for a sale or is merely for the consolidation and custody of seized assets.Arkham’s tracking shows that the U.S. government’s wallet still holds $20.6 billion in crypto assets, including 324,552 BTC. (Decrypt).
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
2
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
3
Former Aptos advisor "Buzz" leaves project, shifts meme marketing efforts to Meta stock
-
4
Global Mainstream Cryptocurrency Exchange Landscape and Characteristics Analysis
-
5
President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
-
6
Global Major Cryptocurrency Exchange Rankings and Key Factors for Platform Selection
-
7
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
8
FOR Token (ForTube) Issuance Price and Project Analysis
-
9
A Boston office building was sold at a foreclosure auction for one-third of its 2019 price, representing a discount of approximately $546 million.
-
10
Bybit will delist the PTBUSDT Perpetual Contract at 9:00 AM UTC on October 30.
Markets Today
Recommended Reading




