A wallet identified by on-chain trackers as linked to the U.S. government transferred about $4.556 million in digital assets tied to seized FTX and Alameda Research funds to Coinbase Prime, according to Onchain Lens and secondary reports from Gate, KuCoin and ChainCatcher. The movement should be described as coming from a wallet labeled as U.S. government-linked, because the reviewed reports do not include a direct federal statement confirming the transaction.
The transfer was reported on May 27, 2026 by Arkham and Onchain Lens, with Onchain Lens’ public X post indicating a publication time of 23:47 UTC. The exact on-chain execution time, transaction hash and timezone for the affected transfer were not disclosed in the public reports reviewed, so they should not be stated as confirmed transaction metadata.
The US Government has sent $1.9M worth of assets and $2.656M $DAI into #Coinbase from the FTX Alameda seized funds.
Assets include: $UNI, $RNDR, $SAND, $MASK, $AXS, $APEhttps://t.co/nnIu7Ielm8 pic.twitter.com/nEbxcQGkeQ
— Onchain Lens (@OnchainLens) May 27, 2026
Transfer Included DAI, DeFi Tokens and Gaming Assets
According to Onchain Lens, the wallet sent approximately $1.9 million in crypto assets and $2.656 million in DAI to Coinbase from funds described as seized FTX and Alameda assets. KuCoin’s flash report attributed the figures to Onchain Lens and listed UNI, RNDR, SAND, MASK, AXS and APE among the transferred tokens.
Gate reported that Onchain Lens monitoring and Arkham Intelligence identified the movement on May 28, saying the total transfer was about $4.556 million. Gate also said the sending wallet was marked by Arkham as belonging to the U.S. government and that the receiving side was a Coinbase Prime deposit address, but it did not publish the wallet address or transaction hash.
A direct transaction hash or block explorer transaction page was not available in the reviewed public reports. The closest public explorer reference is Arkham’s U.S. Government entity page, which tracks wallets, inflows, outflows and counterparties for addresses labeled by Arkham, but access to specific transaction rows may require login.
Sale Remains a Hypothesis, Not a Confirmed Outcome
The movement to Coinbase Prime may indicate custody consolidation, operational management or preparation for a future sale, but no federal authority has disclosed the purpose, sale method or liquidation timeline for these assets.
Arkham framed the transfer as a question, asking whether the government was “about to sell the seized funds,” after saying the wallet moved $1.89 million of RNDR, UNI, SAND, MASK and AXS to Coinbase Prime. That wording supports market speculation, not confirmation of liquidation.
The source and destination details should remain qualified. The source can be described as a wallet labeled by Arkham or identified by Onchain Lens as U.S. government-linked and tied to seized FTX/Alameda funds, while the recipient can be described as a Coinbase Prime deposit address unless a public address is provided by the trackers.
For now, the confirmed editorial framing is limited: a U.S. government-linked wallet, as identified by on-chain monitors, moved about $4.556 million in seized FTX/Alameda-linked crypto assets to Coinbase Prime, while the transaction hash, exact on-chain timestamp, origin wallet address, receiving address and final disposal plan remain undisclosed in the reviewed public reports.