# US government moves about $470 million in seized crypto to likely Coinbase Prime addresses

Arkham Intelligence traced Bitcoin, wrapped Bitcoin and other assets out of government-controlled wallets on October 7, three months after a similar $297 million transfer, and the sales question returns under a reserve policy that bars selling some coins but not all.

- Published: 2026-10-08T05:50:08.479Z
- Canonical: https://polylog.news/crypto/2026-10-08/us-government-moves-about-470-million-in-seized-crypto-to-li
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/us-government-moves-470-million-in-seized-crypto-to-coinbase-linked-wallets-reviving-bitcoin-sale-questions/), [Cointelegraph](https://cointelegraph.com/news/us-government-moves-297m-in-seized-bitcoin-ether-to-coinbase-prime), [The Block](https://www.theblock.co/post/408202/us-government-moves-288-million-bitcoin-ether)

On October 7, blockchain analytics firm Arkham Intelligence said the US government had moved about $470 million in seized crypto to addresses that Arkham identifies as probably belonging to Coinbase Prime, the exchange's institutional custo…

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