U.S. Government-Labeled Wallets Move $349K As Monthly Transfers Hit $8.31M

Seized Alameda Funds on the Move Again: What Could the Latest US Government Transfer Signal?

The US Government has shifted another $350K in funds seized from Alameda Research/FTX accounts. About $8.31 million in crypto assets has moved from these wallets in the past month alone. According to reports, the U.S. government has sent an additional $350,000 in cryptocurrency. This had been initially stolen from Alameda Research and other FTX-related accounts on the Binance platform, close to three years after the collapse of the cryptocurrenc…

U.S. Government-Labeled Wallets Move $349K As Monthly Transfers Hit $8.31M

U.S. government crypto wallets moved about $349,000 in digital assets today, extending a month of steady asset transfers from federal crypto holdings. The latest movement brings one-month transfers to about $8.31 million. The amount is not large enough to move the broader market by itself, but government wallet activity remains closely watched because seized digital assets can eventually move into custody, restitution, auction or liquidation cha…