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US government moves over $560M in seized FTX-linked crypto to Coinbase Prime

Crypto Briefing·October 7, 2026·1 min read
US government moves over $560M in seized FTX-linked crypto to Coinbase Prime

The US government moved over $560M in seized FTX-linked crypto to Coinbase Prime. The transfer highlights the ongoing impact of crypto seizures on market dynamics and creditor recoveries, potentially influencing future regulatory actions. This move is part of the government's handling of assets from the collapsed FTX exchange.

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