US Government Moves More Bitcoin From Alameda Research Accounts

The U.S. government has moved a small amount of Bitcoin from Alameda Research accounts on Binance.US, according to blockchain analytics firm Arkham.

The transaction is notable because it marks the latest in a series of moves by the government to transfer assets connected to the FTX and Alameda seizures.

In May, Arkham identified roughly $1.9 million of seized Alameda altcoins being transferred to Coinbase Prime.

The Alameda holdings are part of a larger forfeiture effort stemming from the collapse of FTX, with more than $700 million in assets seized by the U.S. government, including over $102 million in Bitcoin and wrapped Bitcoin at the time.