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Seized Alameda Funds On The Move: US Gov’t Shifts Additional Crypto Assets

  • The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout.
  • The government-controlled crypto wallet has been activated after nearly 24 months, with ANT tokens worth almost $974,000.
  • The ANT tokens were sold in two tranches, amounting to $550,000 and $518,000 in ETH.
  • AragonDAO, the organization behind the ANT tokens, decided to phase them out due to concerns of security attacks and hidden control.

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