The U.S. government has seized $470 million in crypto assets and transferred them to an address suspected to belong to Coinbase, sparking controversy over whether this violates Trump’s strategic reserve order. The move involves assets tied to the Bitfinex hack and the FTX case, with Senator Lummis questioning the government’s handling of these funds, while the Marshals Service stated that multiple layers of authorization are required.
According to Woofun AI, the U.S. government recently transferred $470 million worth of seized crypto assets to an address suspected to belong to Coinbase (COIN.US) Prime, a move that has sparked intense market skepticism about the consistency of Trump’s policy on building a strategic Bitcoin…
