U.S. Government transferred 19.615M USDT from Gotbit seizure wallet to Coinbase Prime, fully emptying the address.
Regulation & Gov ·
The U.S. Government completed a transfer of 19.615M USDT from a wallet tied to the Gotbit seizure, directing the funds to Coinbase Prime and fully emptying the originating address. Transaction data for the movement is publicly available on-chain.
The transfer represents a custody consolidation step, moving confiscated stablecoin holdings into a major regulated exchange's institutional custody offering. Coinbase Prime is a platform service for storing and managing digital assets at scale. The move signals the government's intent to maintain control and liquidity access over the seized funds.
It remains unclear what triggered the timing of this particular transfer, whether additional seizures from the same wallet are planned, or the ultimate disposition intended for these assets—whether they will be held long-term, auctioned, or liquidated.