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U.S.-linked wallets move seized crypto tied to Bitfinex, FTX and Alameda

U.S.-linked wallets move seized crypto tied to Bitfinex, FTX and Alameda

A July 15 transfer emptied an Alameda/FTX-seizure wallet after roughly $9.28 million in ETH was sent to Coinbase Prime and SHIB, POWR and AERGO were moved to new addresses.

ETH
USDT
USDC

Fact Check
The core factual claim—that a U.S. government-linked wallet moved 140.214 BTC (~$8.79M) to Coinbase Prime after roughly four years of dormancy—is directly supported by the original Lookonchain X post and independently corroborated by BlockBeats, CoinCu, Blockchain.news, and Wu Blockchain (the latter citing Arkham on-chain data for address bc1qhr...). The exact figure, dollar value, dormancy period, and destination match consistently. The claim's framing appropriately hedges the interpretation (custody management vs. potential sale), which multiple sources note is speculative and unconfirmed. The only uncertainty is that 'government-linked' attribution derives from blockchain cluster analysis rather than official U.S. government confirmation, but this is standard for such reporting and does not undermine the described transfer.
Summary

U.S. government-linked wallets have continued moving seized crypto tied to major enforcement cases, with a wallet linked to Alameda Research and FTX emptied on July 15 after transferring about 4,820 ETH worth roughly $9.28 million to Coinbase Prime and sending 54.89 billion SHIB, 631,700 POWR and 1.06 million AERGO to three new addresses. The move followed July 14 transfers that included about $11.45 million in ETH, USDT and USDC from a wallet tied to the 2016 Bitfinex hack and roughly $543,000 in tokens from a separate Alameda/FTX-linked wallet. Arkham data cited by Wu Blockchain showed the Bitfinex-related wallet sent 5,939 ETH and 296,709 USDT to Coinbase Prime, while 901,005 USDC went to another wallet. Earlier Onchain Lens tracking showed another Alameda/FTX-linked wallet distributing 209.18 ETH, 0.533 WBTC, about 1,230 COMP, 5.37 YFI, 4,054 NMR, 4,107 AXS, 138,950 RLC and about $250,000 in SHIB across new addresses before its balance fell to zero. The latest transfer adds to market scrutiny of government-linked wallet activity, though onchain labels are not official confirmation and neither the DOJ nor the U.S. Marshals Service commented on the movements.

Terms & Concepts
  • Coinbase Prime: An institutional crypto platform used for custody, trading and related services by large clients, including government entities.
  • Seized crypto assets: Digital assets taken into government control through law enforcement actions, forfeiture or court proceedings.
  • Shiba Inu: A memecoin token known by its ticker SHIB.