US Government Moves over $560M in Seized FTX-Linked Crypto to Coinbase Prime
5 Articles
5 Articles
🚨 The US government transferred $565.87 million worth of crypto to Coinbase Prime in a matter of hours. 📌 The largest portion of the transfers consisted of Bitcoins linked to the 2016 Bitfinex attack. 💵 Assets linked to FTX and Alameda included $BTC and 94.15 million USDT. 🗂️ The official purpose of the transfer to Coinbase Prime was not disclosed. Read More: US government transferred $565.9 million worth of crypto to Coinbase Prime The arti…
US government moves over $560M in seized FTX-linked crypto to Coinbase Prime
The transfer highlights the ongoing impact of crypto seizures on market dynamics and creditor recoveries, influencing future regulatory actions.
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