U.S. Government Moves $34,800 in Seized Crypto Linked to Money Laundering Case

According to blockchain analytics firm Arkham Intelligence, the U.S. government recently moved about $34,800 in seized cryptocurrency as part of its asset-handling process.

The transferred holdings included Chainlink (LINK), Uniswap (UNI), and Cronos (CRO). These assets were previously linked to Brian Krewson, who has been accused of money laundering.

The funds were ultimately sent to Coinbase Prime, a custody and trading service operated by Coinbase, which is commonly used to manage and liquidate confiscated digital assets.

Source: Arkham