According to Arkham monitoring, a U.S. government address transferred SHIB worth approximately $250,000. The asset had previously been seized from FTX and Alameda. Arkham said that these SHIB will be held by the U.S. government and are expected to be used to repay creditors in the FTX bankruptcy case.

SHIB0.26%
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DIYIndicator
· 9h ago
SHIB somehow became a government asset—at its peak, it’s in the “coin births at the top” league.
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HedgeWhisper
· 9h ago
Arkham’s monitoring capabilities really are strong—on-chain transparency is precisely what’s good about this.
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SafeKey
· 9h ago
A payment of $250k is probably a drop in the bucket for FTX creditors, but at least it’s something.
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WashObserver
· 9h ago
The government wallet has moved SHIB—how much can creditors get?
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