U.S. Government Moves $288 Million in Seized Bitcoin and Ether to Coinbase Prime

Wallets attributed to the U.S. government transferred approximately 3,800 BTC worth $235 million and 30,000 ETH worth $53 million to Coinbase Prime. Arkham linked the assets to the Ryan Farace, BTC-e and Brian Krewson cases. Coinbase Prime is a government custodian, so the transfer confirms movement into managed custody but does not establish that a sale occurred or is planned.