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US Transfers $565 Million in Crypto to Coinbase Prime

US Transfers $565 Million in Crypto to Coinbase Prime

The US government transferred cryptocurrency worth over $565 million to the exchange Coinbase Prime. The funds are linked to confiscated assets from the Bitfinex hack case, as well as FTX/Alameda assets. Some transfers first went through new wallets before being sent to Coinbase Prime.

Details of asset transfer

  1. 4632 BTC ($384.5 million)
  2. 750 WBTC ($62.34 million)
  3. 119 million USDT ($119 million)
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