Of the Bitcoins seized, 568.7 $BTC comes from assets confiscated in the Potapenko and Turogin case. The remaining approximately 264.9 $BTC is from seizures related to the Bitfinex attack.
40,285 $BNB were transferred from a separate government wallet. The tokens, worth approximately $31.63 million, were first moved to an unlabeled address and then to a second unknown wallet. The BNBs were reportedly among the assets seized from Alameda Research.
Sending cryptocurrencies to a Coinbase Prime address can, in some cases, indicate preparation for sale. However, exchange-linked addresses can also be used for custody, wallet management, or inter-institutional transfers. Blockchain data alone does not prove that the asset has ultimately been sold.
The US government reportedly holds approximately $27.5 billion in seized cryptocurrency assets. These assets originated from legal seizures, not from market purchases funded by tax revenue.
The Bitcoins transferred to the government under the decree dated March 2025 are intended to be held in the Strategic Bitcoin Reserve. However, the legal status and sales authorization of assets in specific cases may vary. It would be incorrect to interpret the transfer as a definitive sale before an official announcement.
*This is not investment advice.
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