The US government has transferred 2.438 seized Bitcoin to Coinbase.

US Government Moves Seized Bitcoin to Coinbase Prime

A US government wallet sent about 2.438 BTC to Coinbase Prime in two transactions roughly eight hours ago—0.46 BTC and 1.979 BTC. The funds are part of bitcoin previously seized by law enforcement from Glenn Olivio.

It's not uncommon for the US government to consolidate, hold, or move funds seized during investigations. Last month, government-linked accounts moved funds tied to Ross Ulbricht (the pardoned founder of the Silk Road darknet marketplace) and Chen Zhi (a Cambodian citizen allegedly involved in a pig-butchering scheme). Also last month, the US government transferred about $23,000 worth of bitcoin from a wallet linked to "Miguel Villanueva."