US Government Moves $1.9 Million of Seized Alameda Altcoins
BeInCrypto
The US government transferred $1.9 million in seized Alameda Research altcoins to Coinbase Prime, sparking speculation about a potential future liquidation.Summary
The US government recently transferred approximately $1.9 million in various altcoins—including Render, Uniswap, The Sandbox, Mask Network, and Axie Infinity—to Coinbase Prime. These assets were originally seized from Alameda Research accounts on Binance in 2023. While the transfer has led to speculation regarding an impending sale, market observers suggest the move may simply be part of routine asset management, given the agency's massive $27 billion crypto portfolio.
(Source：BeInCrypto)