US Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker
60-second summary
The U.S. government transfers 12,267 BTC—roughly $1 billion at current prices—from a seized wallet linked to the Bitfinex hack to an unlabeled address, as revealed by Arkham. This movement signals the Treasury’s ongoing liquidation of illicit crypto assets, prompting traders to watch potential supply inflows and price pressure while regulators emphasize tighter enforcement across the industry.
A government wallet holding Bitcoin seized from the Bitfinex hacker sent 12,267 BTC to a new, unlabeled address, according to Arkham data.