Bitcoin linked to suspected steroid distribution conspiracy moved by U.S. authorities to Coinbase Prime, highlighting continued handling of seized crypto assets

2.4 BTC from a steroid dealer getting the full Coinbase Prime custody treatment tells you how seriously the SBR pipeline is being enforced — every forfeiture, no matter how small, gets routed into the reserve now instead of hitting the USMS auction block. Coinbase is quietly becoming the government's de facto Bitcoin bank under that $32.5M custody contract, and at 328K+ BTC in the stockpile, the U.S. is accumulating faster through criminal forfeitures than most sovereign wealth funds do through open market buys. The old playbook of auctioning seized BTC at a discount (RIP Tim Draper-style deals) is dead.

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