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US government deposits $9M in Ethereum to Coinbase Prime from seized FTX assets

What happened

The transfer of roughly 4,820 ETH marks the latest in a series of systematic moves to liquidate forfeited crypto from the FTX collapse. The US government just moved approximately $9.29 million worth of Ethereum to Coinbase Prime, sourced from wallets tied to the FTX and Alameda.

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