U.S. Government Transfers $1 Million Worth of Bitcoin to Coinbase for Potential Repatriation

2026/04/19 20:06
CoinPost
Written by L.Kikutani
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U.S. Government Transfers $1 Million Worth of Bitcoin to Coinbase for Potential Repatriation

Management Transition of Seized BTC

Management Transition of Seized BTC

On the 17th, the U.S. government transferred approximately $1 million worth of Bitcoin (BTC), linked to the 2016 Bitfinex hacking, to Coinbase Prime. This transfer was carried out as a management transition rather than a sale, due to court proceedings which necessitate the repatriation of the seized BTC back to Bitfinex.

The deposited Bitcoins total 8.196 BTC, which...

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Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more