Short News View Non-AMP

U.S. Shifts Seized Bitfinex Bitcoin to Coinbase

Published by
Sohrab Khawas

The U.S. Marshals Service has moved 8.2 Bitcoin worth about $606K to Coinbase Prime. The funds are tied to the 2016 Bitfinex hack and the conviction of Ilya Lichtenstein. Authorities have used Coinbase for custody since 2024, and blockchain data confirmed the government wallets involved. There is no confirmation of a sale, and officials still hold more than 200K Bitcoin. The market viewed the transfer as routine management, with Bitcoin steady near $75000.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

PancakeSwap (CAKE) Price Prediction 2026, 2027-2030: Long-Term Forecast and Market Analysis

Story Highlights The live price of the CAKE token is . Price predictions for 2026…

September 9, 2026

What To Expect From Apple Event ?

Apple’s September 9 event is expected to bring one of the company’s biggest product announcements…

September 9, 2026

PancakeSwap Price Rally Accelerates: Here’s What Comes Next

PancakeSwap (CAKE) token is showing a sharp shift in market structure, with the price pushing…

September 9, 2026

What Time is Apple Event Today

Apple’s special event is scheduled for Wednesday, September 9, 2026, with the keynote set to…

September 9, 2026

Arthur Hayes Says Bitcoin Price Needs $100K Before Real Rally Begins

Crypto investor Arthur Hayes said Bitcoin's price action going forward is likely to move in…

September 9, 2026

CLARITY Act “Does Not Look Good” Republicans Warn One Week Out

With the CLARITY Act's cloture vote just a week away on September 15, Senate Republicans…

September 9, 2026