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Incident record · Under review

US government: Security incident

The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving questions over potential asset sales. On Oct. 7, blockchain analytics firm Arkham Intelligence said the transfers included Bitcoin, wrapped Bitcoin and USDT. Arkham linked the transferred assets to seizures involving the 2016 Bitfinex hack and Alameda […] The post US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions appeared first on CryptoSlate .

StatusUnder review
Reported loss$470.0M
ChainBitcoin
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-10-08T00:00:12.000Z. Last updated: 2026-10-08T00:23:09.913Z. Revision: 1.