US government moves $297M in seized Bitcoin, Ether to Coinbase Prime

60-second summary

The US government is moving $297M in seized Bitcoin and Ether to Coinbase Prime, sparking debate over Trump's Bitcoin reserve pledge. Although deposits to Coinbase Prime don't confirm an impending sale, the large transaction has raised eyebrows, fueling speculation about the government's cryptocurrency strategy and potential implications for the market's perception of digital assets.