
US authorities shifted millions in TRX, FTT, KNC, FET, and WETH over a six-hour period, reflecting active management of seized assets from major crypto-related cases.
Within a six-hour timeframe, the US government transferred seized cryptocurrency holdings into new wallets. Assets included 15.13 million TRX worth $4.2 million, 545,095 FTT valued at $348,940, 744,213 KNC worth $206,850, 273 FET worth $84 from the FTX–Alameda case, and 1,066 WETH valued at $3.01 million from the Bitfinex hack. These movements demonstrate ongoing asset management efforts in high-profile crypto seizures.