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Wire · operational-macro

US government moves $1.01 billion in Bitcoin from Bitfinex hack wallet

8 October 2026 · By · Wire by Fusion42

Published

8 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at tradingview.com →

◆ Verified

Fusion42 · 10 October 2026 · Fusion42 review

The US government moved $1.01 billion in Bitcoin seized from the 2016 Bitfinex hack to a new wallet as part of a reserve mandated by a 2025 executive order not to sell forfeited Bitcoin. Additional large transfers of USDT and Bitcoin were also moved to Coinbase Prime custody but without confirmed sales.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You must recognise that the US government is consolidating seized cryptocurrency into reserves rather than selling, signalling less supply shock but continued custody demand. This shift opens opportunities around secure government-grade crypto custody and asset management services.

◆ Coverage

1 source · 8 Oct 2026

◆ Related on Wire

◆ Topics

Fintechbitcoingovernment-seizurecryptocurrencyasset-movementregulation