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The U.S. government has transferred approximately USD 984,000 in seized FTX assets to Coinbase.
According to data from blockchain analytics firm Onchain Lens, on June 10, the U.S. government transferred approximately $984,000 worth of seized crypto assets from Alameda Research and FTX to Coinbase. This included 98,591 Chainlink (LINK) tokens valued at approximately $768,000. On the same day, another transfer comprising LINK, Aave (AAVE), Chiliz (CHZ), and Balancer (BAL) tokens, valued at approximately $216,000, was also sent. This marks the latest step in a series of transfers since late 2025, wherein the U.S. government has been systematically moving millions of dollars’ worth of confiscated crypto assets into exchanges in batches. Join the CFTime Telegram discussion group now! Stay up to date with the latest developments in the crypto market and AI news and insights—and get free Web3 event passes anytime! FTX Seized Assets Liquidation Pattern: Systematic Transfers Over Several Months Government-linked wallets have been active for several weeks. Recent transfers include: Date Transferred Assets Val
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Ethereum may transition to a fully zero-knowledge proof protocol within three to five years.
June 10 news: According to The Block, Consensys CEO Joseph Lubin stated that Ethereum is expected to evolve into a protocol fully based on zero-knowledge proofs (ZK Proofs) within the next three to five years, enhancing Layer 1 performance through initiatives such as 'Lean Ethereum' and improving composability with various Layer 2 solutions. Lubin noted that current Layer 2 networks like Linea and Gnosis have already implemented real-time ZK proofs for synchronizing transactions across networks, which in the future could enable
Christopher Hui: Hong Kong's regulated stablecoin is expected to be launched as early as mid-year.
June 11 news report: According to Caixin, Christopher Hui, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, stated that the two licensed stablecoin issuers must complete technical platform and system testing and implement comprehensive risk management measures—including reserve asset management and asset security safeguards, mechanisms to maintain price stability, redemption rules, and cybersecurity—before commencing formal operations. The Hong Kong Monetary Authority (HKMA) has maintained close communication with the licensed issuers to ensure all preparatory work progresses smoothly. Based on the current business plans of the two institutions, Hong Kong’s regulated stablecoins are expected to be launched as early as mid-year. Additionally, the HKMA has proactively reached out to other applicant institutions to initiate
Express News | The U.S. government has transferred approximately $216,000 in assets from funds seized in the FTX case, involving LINK, AAVE, CHZ, BAL, and others.
Express News | The U.S. government address has changed again, transferring out approximately $208,000 worth of AAVE.