U.S. Government Moves $984,000 of Seized Alameda/FTX Assets to Coinbase Prime

The U.S. government announced a transfer of seized cryptocurrency assets. About $984,000 linked to Alameda and FTX was moved. The money was placed into the Coinbase Prime custodial service. The transaction was reported by the exchange KuCoin. The transfer reflects ongoing efforts to manage seized crypto holdings. Authorities chose a regulated platform to hold the funds securely. The move keeps the assets under government control pending legal actions. Future steps will depend on the outcome of related investigations.