US Government Moves $288M in Seized Crypto to Coinbase Prime

The US government transferred $288M in seized crypto to its custodian, Coinbase Prime. While this action does not constitute an immediate sale, it has reignited debates regarding liquidation strategies and regulatory influence on digital asset liquidity. Furthermore, the move has revived questions concerning Trump's no-sell pledge. This strategic management of seized assets by the US government continues to highlight the significant impact of regulatory decisions on overall market dynamics and cryptocurrency liquidity.