🌎 Sources: comdigest, dwccaution

🙂 US Government Moves $470M in Seized Crypto to Coinbase

The U.S. government has reportedly moved around $470 million worth of seized cryptocurrency, including Bitcoin, WBTC and USDT, to wallets linked to Coinbase Prime.

The assets are connected to seizures related to the 2016 Bitfinex hack and FTX/Alameda.

The transfers have sparked speculation that the government could be preparing to sell the assets, although no sale has been confirmed and the funds could simply be undergoing custody or administrative transfers.

@ConeticNews