Security· ★★★· neutral·

US government moves 264 Bitcoin worth $23M to Coinbase in Bitfinex restitution

  • —About 264.863 BTC worth roughly $22.87 million moved to Coinbase
  • —In April 2026, 8.2 BTC worth about $606,000 went to a Coinbase Prime deposit address
  • —A 2025 court ruling ordered the seized Bitcoin returned to Bitfinex in-kind
  • —Of 119,754 BTC stolen in 2016, authorities recovered about 94,636 BTC in 2022
Why it matters: The transfer is restitution, not a sale: LEO holders are watching Bitfinex's plan to spend at least 80% of net proceeds on buybacks and burns.
#BTC#LEO
Source: Crypto Briefing
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