U.S. Government Moves $11.45M in Seized Crypto From Bitfinex Hack to Coinbase Prime

U.S. government moved $11.45 million in seized Bitfinex hack proceeds (5,939 ETH and 296,709 USDT) to Coinbase Prime, alongside $543,000 in FTX/Alameda tokens dispersed across multiple addresses, signalling a shift toward institutional OTC liquidation rather than public auction.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.