The U.S. government transferred approximately $565.87 million in seized cryptocurrency to Coinbase Prime over a few hours. The funds include notably 94.15 million USDT and nearly 4,000 BTC (around $330 million) linked to the Bitfinex platform hack in 2016. Other transfers totaling approximately $471.7 million contained assets seized from bankrupt platform FTX and its trading arm Alameda Research. U.S. authorities had recovered over 94,000 BTC in the Bitfinex case, a seizure estimated at $3.6 billion in 2022. Ilya Lichtenstein, identified as the hacker, pleaded guilty to money laundering charges.
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