U.S. Government Transfers FTX-Seized RSR & WAXP, Sparking Crypto Market Uncertainty

The U.S. government has recently transferred a significant amount of previously seized cryptocurrency assets from the collapsed FTX exchange to a new wallet. This action, tracked by blockchain analytics firm Onchain Lense, involved approximately 920,000 RSR and 99,000 WAXP tokens originally seized from the fallen FTX exchange and Alameda Research. This transfer has sent shockwaves through the crypto community as it raises critical questions about government handling of digital assets.