# US Government Transfers $288M in Crypto Assets to Coinbase Prime

A portion of the government's crypto holdings has been moved to Coinbase Prime.

- **Source:** [INCRYPTED](https://brifing.si/source/7cd4625d-3f08-4cc1-983d-4c7d991839ba)
- **Published:** 2026-07-14
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://incrypted.com/pravitelstvo-ssha-perevelo-kriptoaktivy-na-288-mln-na-coinbase-prime/>
- **On Brifing:** https://brifing.si/s/f0f6d2c7-91e7-4501-bd3c-c8736ea52c2c

## US Government's Crypto Move

The US Government transferred $288 million worth of crypto assets to Coinbase Prime. The transfer included 3,800 BTC and over 30,000 ETH, seized from various criminal cases.

## Transfer Details

The transfer covered BTC and ETH seized from cases involving Brian Krewson, BTC-e, and Ryan Farace. The largest transfer was made from a wallet linked to the Farace case.

## Internal Transfers

Some of the transfers may have been internal redistributions between Coinbase Prime and cold wallets. Such movements suggest asset reallocation rather than preparation for sale.

## Security Measures

Large amounts of crypto assets are typically stored in cold wallets for security reasons. Transfers to exchanges are often interpreted as preparations for sale.

## Government's Crypto Portfolio

After the recent transfers, the US Government still holds $20.6 billion in crypto assets. This portfolio includes 324,552 BTC, 28,394 ETH, and 145.5 million USDT.

## Crypto Asset Management

These moves by the US Government serve as a significant example of how crypto assets are managed. Such transfers can have an impact on the crypto market.

## Sources covering this story

- https://incrypted.com/pravitelstvo-ssha-perevelo-kriptoaktivy-na-288-mln-na-coinbase-prime/ — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
