U.S. government moves Bitcoin seized from Alameda Binance.US accounts

The U.S. government has moved a small amount of Bitcoin seized from Alameda Research accounts on Binance.US about three years ago, with the transaction involving roughly 0.0048 BTC worth about $377. Summary The U.S. government moved about 0.0048 BTC seized from Alameda accounts on Binance.US roughly three years ago, according to Arkham. Arkham raised the possibility of further Alameda Bitcoin movements but did not identify the latest transaction as a sale or liquidation. Government wallets have moved larger amounts of seized FTX and Alameda assets this year, including funds previously sent to Coinbase Prime. No federal agency has confirmed whether the transferred Bitcoin is tied to creditor repayments, the Strategic Bitcoin Reserve or another forfeiture process. Arkham Intelligence reported the transfer in an Aug. 27 post on X, saying the Bitcoin had been seized from Alameda accounts held on Binance.US three years earlier. The blockchain analytics firm did not describe the transaction as a sale or provide evidence that the government had begun liquidating the remaining Bitcoin tied to Alameda. “The US Government just moved a small amount of Bitcoin that had been seized from Alameda...