Woofun AI reports that a U.S. government-linked wallet moved approximately $288 million in seized cryptocurrency to Coinbase Prime on Monday. The transfer included 2,875 BTC from the Ryan Farace case, 925.512 BTC linked to the defunct exchange BTC-e, and 30,007 ETH associated with the Brian Krewson money laundering investigation.

This movement occurred after an executive order signed by Trump in March 2025, which stipulated that seized Bitcoin for the strategic reserve should generally not be sold.

However, the transfer to Coinbase Prime does not confirm a sale, as the platform offers custody, financing, and asset management services. U.S. government wallets currently hold roughly $20.65 billion in crypto, including 324,552 BTC, 28,394 ETH, and 1.455 billion USDT.