US Government Transfers $606,000 in Bitcoin Linked to 2016 Bitfinex Hack to Coinbase
The US government has once again made a notable move on the blockchain, transferring approximately $606,000 worth of bitcoin to Coinbase Prime. The 8 BTC in question are linked to Ilya Lichtenstein, the individual behind the decade-old Bitfinex hack, according to data tracked by Arkham. While transfers to exchanges can sometimes indicate potential selling pressure, they may also reflect routine w…
April 17, 2026, 5:03 a.m.