COINTELEGRAPH · 2026-10-08 11:03 UTC

US government moves $770M of seized Bitcoin to Coinbase Prime

US government transferred 9,261 Bitcoin ($770M) to Coinbase Prime over two days, with half from Bitfinex hackers and portions from Binance seizures. An additional 2,456 BTC from previously unknown holdings was also moved, potentially representing new law enforcement seizures. Trump's March 2025 executive order mandates seized Bitcoin should not be sold and become part of a Strategic Bitcoin Reserve, conflicting with potential liquidation speculation.

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