Source: CoinDesk
“The U.S. government just staged its [stolen] crypto for an exchange, and it took an extra hop to get there. Wallets tied to the government moved about $288 million in [stolen] bitcoin and ether onto Coinbase Prime over roughly half a day on Monday, blockchain data from Arkham shows. The ether went direct, while the bitcoin took a detour through intermediary wallets first. The movements are despite an executive order in March 2025 by President Donald Trump, which designated [stolen] bitcoin for the country’s Strategic Bitcoin Reserve and said it should not be sold.” (07/14/26)