U.S. government moves over $100 million in bitcoin (BTC) and BNB.
Summary
Wallets labeled as U.S. government-linked transferred more than $100 million in crypto: 833.599 BTC, worth about $71.6 million, moved to addresses that forwarded it to Coinbase Prime deposit addresses, while 40,285 BNB worth $31.63 million was sent between unlabeled wallets. The BTC was tied to forfeitures and the Bitfinex hack seizure; the BNB came from assets seized from Alameda Research. The government reportedly holds about $27.5 billion in seized crypto and has not bought crypto with taxpayer funds. The transfers do not establish that the assets were sold; a 2025 executive order calls for forfeited bitcoin to be held in a Strategic Bitcoin Reserve.
