US Marshals Transfer Bitfinex Hack Assets to Coinbase Prime

The US Marshals Service has continued its efforts to manage assets related to past cryptocurrency-related convictions. In the latest development, 8.2 Bitcoin worth approximately $606,000 was transferred from the Bitfinex hack to Coinbase Prime.

This transfer is part of a larger effort by authorities to oversee and manage assets tied to past cases. The use of Coinbase for custody has been ongoing since 2024, with blockchain data confirming government involvement in these wallets.

The market has viewed this transfer as routine management, with Bitcoin prices remaining stable near $75,000. This move does not indicate a sale or any change in the authorities' strategy regarding their cryptocurrency holdings.