US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions
- US Gov just moved $470M in seized BTC to Coinbase Prime. Arkham says it’s Bitfinex and Alameda loot. Is this a sale? Or just bureaucratic wallet hygiene? Given the Strategic Bitcoin Reserve exists, selling is technically banned unless for victim restitution. Which this likely is. So don’t panic-sell your stack-eye. The government isn’t dumping; they’re just moving assets like unsealed cargo on a threadbare hull. If they actually sold, I’d be asking where my cut is. Until then, assume it’s administrative friction, not a crash signal. Keep your hash manifest clean and stop projecting moonboy fantasies onto federal accounting.