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US Government Transfers Another $94.15 Million in USDT to Coinbase Prime
The latest transfer brings the total moved to Coinbase Prime over several hours to approximately $566 million. The funds came from assets seized from FTX and Alameda.
Mentioned assets
The US government transferred 94.15 million USDT to Coinbase Prime, bringing the total moved to the platform over several hours to approximately $566 million.
The latest transaction involved funds seized from FTX and Alameda, the collapsed cryptocurrency exchange and affiliated trading firm. The transfers place a substantial amount of the seized assets with Coinbase Prime.
The movement is part of a series of transfers involving seized cryptocurrency holdings.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.