US Government Moves $1.9 Million of Seized Alameda Altcoins

Lockridge Okoth

(07:53 PM UTC)

1 min read

The US government moved roughly $1.9 million in altcoins seized from Alameda Research to Coinbase Prime on Wednesday. On-chain tracker Arkham Intelligence flagged the transfer.

The batch covered five tokens from wallets the Department of Justice seized in 2023. The source accounts sit at Binance, and the move has revived familiar speculation about an eventual government sale.

Is the US…

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