US Government’s $20M Crypto Breach: How Most Was Returned Within 24 Hours

According to blockchain explorer firm Arkham Intelligence, a significant portion of the U.S. government’s allegedly seized crypto has made its way back. Sudden Shift in Seized Crypto Sparks Questions on U.S. Government Wallet Security Yesterday, Arkham Intelligence flagged a $20 million transfer from government-associated addresses. These funds, primarily in stablecoins and ether, were reportedly sent … Read more

Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity

In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted into ethereum “through suspicious addresses linked to a money laundering service.” $20M Vanishes From U.S. … Read more

8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert, … Read more