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Seized Assets

U.S. governme
2026-07-15 22:26:22

U.S. government-linked wallet moves $295 million in BTC and ETH to Coinbase Prime in 12 hours

Techub News reported that a wallet address tied to the U.S. government transferred Bitcoin and Ether worth $295 million to Coinbase Prime over the past 12 hours. On-chain records indicate the address is associated with wallets used to hold seized crypto assets. The transfer drew market attention because of its size, while the eventual handling of the assets has not been disclosed. At this stage, no specific disposal plan or follow-up action has been confirmed in the source report.

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U.S. government-linked wallet moves $295 million in BTC and ETH to Coinbase Prime in 12 hours
US government
2026-07-14 15:42:00

U.S. government moves more seized Bitfinex hack assets to Coinbase

The U.S. government has carried out another transfer involving assets seized from the Bitfinex hack, according to Onchain Lens. In the latest on-chain movement, about 901,000 USDC was sent to a new wallet address, while 5,940 ETH, valued at roughly $11.14 million in the report, was transferred to Coinbase Prime. The publicly labeled address holding the seized Bitfinex hack funds now shows a zero balance. Most of the assets from that address have been moved either to Coinbase Prime or to the newly identified wallet, 0x7d7c1c4ce6c654965072c5988383e3b91eea9558. The transfer adds to the visible reshuffling of government-controlled crypto linked to the Bitfinex case, based on the on-chain data cited by Onchain Lens.

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U.S. government moves more seized Bitfinex hack assets to Coinbase
US government
2026-07-14 05:33:21

US government moves $297 million in seized crypto to Coinbase Prime

On-chain data shows the U.S. government transferred nearly $297 million worth of seized Bitcoin and Ether to Coinbase Prime in two transactions on Monday, prompting fresh market speculation over whether the assets are being prepared for sale. Arkham Intelligence tracked an initial transfer of about $8.8 million, followed roughly three hours later by another $288.33 million. The funds were tied to three major criminal cases involving Brian Krewson, the now-defunct exchange BTC-e, and darknet drug trafficker Ryan Farace. Even so, previous transfers of seized assets to Coinbase Prime have not always led to liquidation. Similar moves earlier this year, including transfers linked to Samourai, Alameda Research, and seized FTX-related Chainlink tokens, were not ultimately confirmed as sales. The latest transaction also comes against a backdrop of policy uncertainty. While President Donald Trump signed an executive order in March 2025 to establish a national Bitcoin strategic reserve, and lawmakers introduced a bill in May that would formalize a 20-year holding requirement, that legislation remains stuck in committee.

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US government moves $297 million in seized crypto to Coinbase Prime
Galaxy
2026-07-13 21:50:47

Galaxy research head says token transfers include assets seized from Ryan Farace and BTC-e

ChainCatcher reported that, according to monitoring by Galaxy’s head of research, the token transfers in question were made up of assets from two sources. One portion came from tokens seized from Ryan Farace, also identified as “xanaxman.” The other portion came from tokens tied to the now-shuttered crypto exchange BTC-e. The brief did not provide details on the token names, the amount transferred, or the overall size of the movement. No additional timeline or on-chain breakdown was included in the source text.

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Galaxy research head says token transfers include assets seized from Ryan Farace and BTC-e