Skip to main content
U.S. Government Transfers $288 Million in Seized Bitcoin and Ether to Coinbase Prime

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

| CryptoPress |
U.S. government-linked wallets transferred ~$288 million in seized crypto, including BTC from Farace and BTC-e cases and ETH from a laundering scheme, to Coinbase Prime. Bitcoin routed through fresh intermediary wallets before deposit; ether sent directly, consistent with institutional custody flows. Move aligns with Coinbase Prime’s role as custodian for government assets but occurs despite Trump’s March 2025 executive order establi…
Solana-based decentralized exchange aggregator Jupiter has officially stepped into the physical collectibles market with the launch of its Jupiter Gacha public beta on July 13, 2026. The new feature allows use…
U.S. government-linked wallets transferred ~$288 million in seized crypto, including BTC from Farace and BTC-e cases and ETH from a laundering scheme, to Coinbase Prime. Bitcoin routed through fresh i…
Phantom Wallet suffered a major backend service outage over the weekend, leading to degraded performance for token transfers and swaps. The disruption led to widespread user reports of incorrect zero-balance d…

July 13, 2026
An opinion piece in the official newspaper of China’s Supreme People’s Procuratorate proposes that courts should presume criminal intent when suspects utilize crypto mixers or privacy coins. The authors recommend establishing a national-level platform to custody and liquidate seized digital assets through compliant auctions, navigating China’s domestic crypto ban. The legal framework seeks to standardize blockchain evidence, allowing verified on…

July 13, 2026
Strategy Inc. raised $467 million last week through its at-the-market equity program, choosing to boost cash rather than buy cryptocurrency. The company’s U.S. dollar reserve reached a record $3 billion, providing a liquid buffer to cover fixed corporate obligations and preferred stock dividends. Its core treasury remains at 843,775 BTC, making this the third consecutive week without additional Bitcoin acquisitions. Corporate treasury giant St…

July 13, 2026
Robinhood Chain brought in roughly $3.1 billion in cumulative decentralized exchange volume during its first seven days following its July 1 launch. The early speculative frenzy was heavily fueled by meme coin trading, with more than 16,000 new tokens hitting the network in a single day. BitMine Chairman Tom Lee noted that the platform’s reliance on ETH as its native gas token underscores Ethereum’s growing central role in the on-chain economy…

More featured news
Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline
BIP-110, a proposed temporary soft fork to limit non-financial data like inscriptions, heads toward an early August deadline with miner signali…
Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure
Circle (NYSE: CRCL) received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter First National D…
Explosive Volume Milestones: Robinhood Chain recorded over $375 million in 24-hour decentralized exchange volume, briefly outperforming Hyperliquid…
Brief Reprieve Ends: A three-day streak of net inflows into U.S. spot Bitcoin ETFs concluded with a fresh round of daily outflows, highlighting ongo…
Standalone AI Infrastructure: BNB Chain is developing a high-speed, parallel Layer 1 blockchain optimized specifically for autonomous trading agents…
Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years
Paul Grewal will step down as Coinbase Chief Legal Officer effective July 31, 2026, after nearly six years. Grewal will transition to an adv…
Robinhood Chain’s on-chain volume exploded within a week of its mainnet launch, fueled by low gas fees and retail interest. The native memecoin CASH…
Bitcoin Slips as Renewed U.S.-Iran Tensions Lift Oil Prices, Weigh on Risk Assets
Bitcoin and other major cryptocurrencies declined as renewed U.S.-Iran airstrikes pushed oil prices higher, prompting a risk-off move across ma…
© Cryptopress. All rights reserved.