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Thursday, October 8, 2026

U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet

by marketdash
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Wallets linked to the U.S. government moved 12,267 bitcoin , worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham.

The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address, with a second transaction going to a different address. No exchange deposit was recorded, a pattern more consistent with wallet reshuffling than a sale.

The transfer follows heavier exchange-bound activity 24 hours earlier, when roughly 3,200 BTC (about $264 million) and $119 million in USDT landed at Coinbase Prime deposit addresses. The funds came from wallets tied to the FTX/Alameda and Bitfinex seizures, according to Arkham’s identification.

CoinDesk reported on Wednesday that more than $100 million in BTC and BNB moved in a similar fashion. In July, about $288 million in seized bitcoin and ether was routed to Coinbase Prime via fresh…



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