US Government Transfers $9,290,000 in Ethereum From FTX Seizure to Coinbase Prime
7 Articles
7 Articles
US Government Transfers $9,290,000 in Ethereum From FTX Seizure to Coinbase Prime
The US government deposited roughly 4,820 ETH worth about $9.29 million into Coinbase Prime from FTX and Alameda Research-linked wallets. The post US Government Transfers $9,290,000 in Ethereum From FTX Seizure to Coinbase Prime appeared first on The Daily Hodl.
US moves $297M in seized crypto to Coinbase Prime despite no-sell vow
On Monday, the US government transferred approximately $297 million in seized Bitcoin and Ether to Coinbase Prime, a move it occasionally makes. This prompts the same two questions each time: is this merely for safekeeping, or is it a prelude to a sale, and will the government uphold its 16-month-old pledge not to sell confiscated Bitcoin? On July 13, the US government transferred approximately $297 million in seized Bitcoin and Ether to Coinbas…
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
A $288 million Coinbase Prime transfer has put the U.S. government’s crypto rules under an early operational test. U.S. government-tagged wallets sent 3,941 BTC and 30,007 ETH to Coinbase Prime over roughly eight hours, according to Lookonchain. Arkham placed the combined value at about $288.33 million. Notably, Coinbase Prime hosts more than one kind of government activity. Coinbase announced in July 2024 that the U.S. Marshals Service selected…
The U.S. government has moved nearly $288 million of Bitcoin and Ether confiscated to Coinbase Prime. A movement that feeds questions about a possible sale, despite the decree signed by Donald Trump to preserve a strategic reserve of BTC. The U.S. government ready to sell Bitcoin? appeared first on Cryptoast.
U.S. Government Wallets Move $12.9M in Bitfinex and FTX-Seized Crypto
U.S. government-labeled seized-funds addresses moved about $12.9 million in crypto across Coinbase Prime and several other wallets during a six-hour period. The largest transfers came from an address holding assets seized through the Bitfinex hack case. The wallet sent approximately 5,939 ETH and 296,709 USDT to Coinbase Prime, with the two deposits valued at a combined $11.45 million when transferred. Another 901,005 USDC moved to a separate ad…
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