Market News / Story
US Government Moves Half a Billion Worth of Crypto in Just Few Hours
U.Today ·
U.Today reports: Blockchain analytics platform Onchain Lens said that the U.S. government has moved around $565.87 million in seized crypto to Coinbase Prime over a few hours. Most recently, the government moved 94.15 million Tether , which Onchain Lens described as coming from seized funds related to bankrupt crypto exchange FTX and its trading arm Alameda Research. This comes after a series of other transactions that added up to about $471.7 million. The first batch contained 3,974…