U.S. Gov Moves $800K in Seized Alameda/FTX Funds

The U.S. government transferred approximately $800,000 in seized cryptocurrency linked to Alameda Research and the FTX estate, according to on-chain data. The movement marks another incremental step in the ongoing liquidation and restitution process surrounding the collapsed exchange.

Government wallets associated with seized FTX and Alameda assets have periodically moved funds since the November 2022 collapse, typically ahead of creditor distributions or asset sales coordinated with the bankruptcy estate. While $800K is a modest sum relative to the billions in total claims, each transfer is watched closely by creditors and market participants for signals about the pace and structure of the broader recovery.

The FTX estate, managed by restructuring CEO John Ray III, has been working through a complex web of assets across multiple jurisdictions.