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US government moves $770M in seized Bitcoin to Coinbase Prime custody.

Market News
08 Oct 2026
Tokenpost
View Source
Neutral
US government moves $770M in seized Bitcoin to Coinbase Prime custody.

The US government transferred 9,261 Bitcoin, valued at about $770 million, to Coinbase Prime over two days, moving seized assets into institutional custody. This included 2,456 BTC from newly identified law enforcement seizures. About half of the Bitcoin came from the Bitfinex hack recovery, with others linked to Binance seizures. The Bitcoin will remain in government custody as part of the Strategic Bitcoin Reserve, following a March 2025 executive order, rather than being sold.

The US government's transfer of 9,261 seized Bitcoin worth about $770 million to Coinbase Prime is notable. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 18:02 WIB: out of 50 major cryptocurrencies, 22 rose and 27 fell today. Notable movers include UNI at Rp138.301 with a 1-day change of -3.47% and Pluang order activity of 27% Sell / 73% Buy, XNO at Rp6.041 with -3.39% change and 0% Sell / 100% Buy activity, and SOL at Rp2.041.915 with -3.06% change and balanced 50% Sell / 50% Buy activity.

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