US Government Sells Seized ANT Tokens from Alameda Research
According to Arkham Research data reported by The Block, the US government has sold ANT tokens that were seized from Alameda Research. This marks the first time in two years that funds have been transferred from the wallet, which holds approximately $974,000 worth of cryptocurrency. On-chain data reveals that government officials utilized the AragonDAO ANT token redemption address to sell over 82,000 seized ANT tokens, which serve as Aragon’s governance token.
In November 2023, the Aragon Association, a Swiss non-profit organization, voted to dissolve and sell 86,343 ETH (valued at $155 million at the time) in exchange for ANT. Users are required to redeem their ANT tokens before November 2, 2024. Upon redemption, all ANT tokens will be destroyed, as “from this moment on, there is no point in continuing to hold ANT.” Thus far, the US government has received 209.199 ETH, worth $556,000, from AragonDAO.
Source: [The Block Beats](https://m.theblockbeats.info/news/268555)