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$1B in seized Bitfinex bitcoin moved to new wallets, no sign of sale yet

Market News
09 Oct 2026
Unchained
View Source
Neutral
$1B in seized Bitfinex bitcoin moved to new wallets, no sign of sale yet

The U.S. government moved 12,267 BTC, worth about $1.01 billion, from a wallet holding coins stolen in the 2016 Bitfinex hack to new, unlabeled addresses. Arkham data shows no deposits to exchanges, so it is unclear if the coins will be sold or held. This transfer follows a previous move of seized crypto to Coinbase Prime, which also does not confirm a sale. A 2025 executive order restricts selling government-held bitcoin except in specific cases like court orders or victim restitution, and no official statement has been made about this recent transfer.

The U.S. government’s recent transfer of seized Bitfinex Bitcoin is context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 09, 2026 17:21 WIB: Out of 50 major cryptocurrencies, 12 rose and 37 fell today. Notable movers include BAL at Rp16.297 (+11.14%), ATOM at Rp34.899 (+8.47%) with 77% buy order activity, and EOS at Rp12.649 (+8.13%).

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