Market News / Story
US government moves 264 Bitcoin worth $23M to Coinbase in Bitfinex restitution
Crypto Briefing ·
Crypto Briefing reports: The US government just shifted a chunk of its Bitcoin stash, and no, it doesn't appear to be dumping it on the market. Roughly 264.8 Bitcoin, worth about $23 million, moved to Coinbase from a government wallet tied to the 2016 Bitfinex hack. The coins look less like a sale and more like a long-delayed homecoming. The transfer took place on October 6, 2026. The more precise figure was approximately 264.863 BTC, valued at around $22.87 million when it moved. This…