According to data from Arkham Intelligence wallets tied to the United States government have shifted nearly 300 million dollars in bitcoin and ether straight to Coinbase Prime. This move has stirred fresh whispers that Washington might be gearing up to offload chunks of its hefty BTC holdings despite earlier vows. 🖤
The assets trace back to seizures from the Ryan Farace dark web case and the old BTC-e exchange for the bitcoin portion while the ether links to Brian Krewson’s custody and laundering scheme. 🌙
Is Trump About To Snap His Oath? 🦇
The transfers covered 3940 BTC worth around 244 million dollars at transfer time plus 30014 ETH valued near 53 million dollars for a grand total of 297 million dollars. Shifts like these to Coinbase Prime spark talk since the platform handles big institutional trades yet it also offers custody and financing so this alone does not prove any sale happened. 🕸️
THE US GOVERNMENT JUST DEPOSITED $280M OF CRYPTO TO COINBASE PRIME
The US Government just deposited a total of $288.33M of BTC and ETH to Coinbase Prime. This includes confiscations from Brian Krewson, BTC-e, and Ryan Farace.
Will they be selling it all? pic.twitter.com/M5srRI3KJU
— Arkham (@arkham) July 13, 2026
Even without an outright dump the ripple effects could sting hard since President Trump signed that executive order back in March 2025 to build a Strategic Bitcoin Reserve promising no sales on seized coins once they land inside it. 🔪
Does This Really Break Any Rules? 💀
The fine print matters most because the order bars sales only on assets moved into the reserve while allowing plenty of exceptions like returning funds to victims using them for law enforcement sharing with states selling via court order or meeting legal duties. 🎀
A 297 million dollar move and potential sale would not automatically violate anything if the coins never entered the reserve or still face restitution needs. The big open questions now revolve around whether these exact funds hit the reserve and what legal strings still attach. 🪦
Just another echo from the void by iconofsin.eth 💖
