Coinbase Serves as Conduit for US Govt’s $300k Seizure of Hacked ETH

• The US government has seized another $300k in crypto from the Uranium Finance hacker.
• A process has been established for victims of the hack to file claims for a refund.
• Unclaimed seized funds are a primary “budget-neutral” source for the US strategic Bitcoin reserve.

The United States government’s crypto wallet just received another $300,000 worth of assets seized from the Uranium Finance hacker. On-chain data from Thursday, August 21, shows the government withdrew 76.56 Ethereum (ETH) from a Coinbase wallet linked to the case.

This latest transaction brings the total value of assets seized from the Uranium Finance hacker to $34.9 million. The majority of these funds are in Wrapped BNB (WBNB), valued at about $19.27 million, with an additional $15 million in ETH and other stablecoins. 

How the U.S. Government Seized Funds From Uranium Finance Hacker

The seizure is a prime example of how law enforcement actions have become a primary source for the government’s growing crypto treasury. In February 2025, the U.S. Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security Investigations (HSI) in collaboration with TRM Labs sei…

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