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U.S. Government Moves $288 Million in Seized Bitcoin and Ether to Coinbase Prime
U.S. government-linked wallets transferred about $288 million in seized bitcoin and ether to Coinbase Prime, with bitcoin routed through fresh intermediary wallets and ether sent directly. The transfers have drawn market scrutiny because they follow a March 2025 executive order tied to a Strategic Bitcoin Reserve, though the movements do not confirm a sale.