An on-chain wallet identified by blockchain analysts as controlled by the U.S. government received 76.56 ether, worth roughly $332,000, from cryptocurrency exchange Coinbase on 21 Aug. The transaction lifted the wallet’s balance to about 65,232 ether, valued at approximately $281 million at current market prices.
Investigators tracking the address say the assets are tied to the April 2021 hack of Uranium Finance, a decentralized-exchange project that lost about $50 million. U.S. authorities seized $31 million linked to that breach in February 2025 and have since been consolidating the recovered tokens in government-held accounts.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Source: https://thedefiant.io/news/hacks/u-s-government-wallet-adds-332000-ether-coinbase-after-defi-hack-seizure-5784c1df