The U.S. government transferred nearly $984,000 in virtual currency related to Alameda Research and FTX.
- The US transferred nearly $984,000 in seized FTX and Alameda-related cryptocurrencies.
- Approximately $768,000 of the funds moved to Coinbase Prime, according to Arcam data.
- According to data from Arkham, the U.S. government’s total cryptocurrency holdings are approximately $20.93 billion.
Blockchain data shows that most of the funds moved to Coinbase Prime as authorities continue to take control of the seized assets. This transfer is part of ongoing efforts related to the post-FTX recovery and distribution process.
Coinbase Prime receives part of seized FTX funds
Arkham Intelligence data showed movement from wallets connected to seized Alameda and FTX assets. The total amount transferred amounted to approximately $984,000 in cryptocurrencies. Approximately $768,000 of this moved to Coinbase Prime.
U.S. government moves Alameda Fund
The US government just transferred $984,000 in seized Alameda/FTX funds, at least $768,000 of which will go to Coinbase Prime.
The seized Alameda funds will be sent to FTX Estates to repay creditors. pic.twitter.com/y8yazx2YY0
— Arkham (@arkham) June 11, 2026
The transaction comes as authorities continue to oversee digital assets recovered from bankrupt exchanges. The funds remain tied to extensive bankruptcy and reorganization proceedings. Current records show FTX Estates as the final destination of the recovered assets.
Government agencies have gradually taken control of the seized cryptocurrencies through remittance and clearing activities. These measures will support efforts to return value to affected creditors. The move represents a small portion of the assets under government control.
FTX recovery process continues through asset management
Authorities seized multiple crypto holdings related to Alameda Research and FTX after the exchange collapsed. Since then, authorities have managed these assets in accordance with established recovery procedures. This process includes storage, transfer, and liquidation as appropriate.
FTX Estate continues its efforts to recover and distribute value to creditors. Recovered assets form a key part of that effort. Government-controlled transfers help move seized holdings through a recovery framework.
The blockchain monitoring platform will continue to track wallet activity related to seized assets. Arkham Intelligence reported the latest transactions through publicly available blockchain records. This transfer adds another step to the long-term FTX recovery process.
Bitcoin remains the largest government-held cryptocurrency asset
The U.S. government currently manages a cryptocurrency portfolio worth approximately $20.93 billion, according to Arcam data. Bitcoin makes up the majority of their assets. Approximately 328,354 BTC, worth approximately $20.57 billion, is stored in government wallets.
The portfolio also includes approximately 62,437 ETH worth over $103 million. Other holdings include USDT, WBNB, BNB, WBTC, and additional digital assets. These assets result from separate enforcement actions and seizures.
While the recent $984,000 transfer is only a small portion of the total holdings, it is still part of active asset management. Government agencies continue to process virtual currency seized in connection with major enforcement cases. The latest developments highlight continued efforts related to FTX and Alameda’s recall proceedings.
