On October 7, wallets linked to the US government transferred 833.599 Bitcoin (worth about $71.6 million) and 40,285 BNB (worth about $31.6 million), totaling $103 million. The Bitcoin was connected to forfeiture cases involving Potapenko/Turogin and Bitfinex, while the BNB came from assets seized in the Alameda Research case. These assets moved to Coinbase Prime and other wallets, but this transfer does not confirm that the government sold them. Executive Order 14233 mandates forfeited Bitcoin be held in a Strategic Bitcoin Reserve for long-term custody, indicating these moves are likely administrative rather than sales.
The U.S.-linked wallets moved $103 million in Bitcoin and BNB on October 7, 2026. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 07, 2026 12:02 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Notable movers include EOS with an 8.13% gain and UNI with an 8.43% loss.
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Wallets linked to the U.S. government transferred over $100 million in cryptocurrency on Tuesday, including about $71.6 million in Bitcoin and $31.6 million in BNB. The Bitcoin originated from seized funds in the Potapenko-Turogin and Bitfinex cases,...
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