Regulation· ★★★· neutral·

US government moves $470M in seized Bitcoin and Tether to Coinbase Prime

  • —$470M in seized BTC and USDT moved to Coinbase Prime
  • —Coinbase Prime has been the US Marshals Service custodian since July 2024
  • —About $288–297M in BTC landed on Coinbase Prime in mid-July 2026
  • —US government crypto holdings estimated at $20–28B, including ~324,000 BTC
Why it matters: The USDT move is unusual and may signal active management of assets outside reserve protection, though selling BTC would breach Trump's no-sale order.
Source: Crypto Briefing