| Mobile Web

U.S. government moves seized cryptocurrency worth about $565.9 million to Coinbase Prime

The U.S. government moved about $565.87 million worth of seized cryptocurrency to Coinbase Prime within hours, blockchain outlet U.Today reported. The transfer included bitcoin and tether. Some of the assets were classified as seized holdings linked to the Bitfinex hack case and to FTX and Alameda Research. Onchain Lens tracked a latest transfer of 94.15 million USDT and said authorities have not disclosed the purpose of the transactions.