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US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions

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US government moves $470 million in seized crypto to Coinbase wallets

US government wallets moved more than $560 million in seized digital assets including Bitcoin, Tether's USDT and BNB to Coinbase Prime on October 7, 2026. The transfers included assets from FTX-linked seizures.

Oct 7, 2026·5 sourcesCrypto custody regulationCrypto regulationCrypto enforcement actionsBitcoinStablecoinsInstitutional crypto adoption
US government moves $470 million in seized crypto to Coinbase wallets
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US government moves $470M in seized Bitcoin and Tether to Coinbase Prime

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US government moves over $560M in seized FTX-linked crypto to Coinbase Prime