German Police Seize Record $2.17 Billion in Bitcoin from Piracy Suspect
TL;DR Summary
German police have seized 50,000 bitcoin worth $2.17 billion in connection with a piracy website operation from 2013. The suspects voluntarily transferred the bitcoin to the Federal Criminal Police Office, and an investigation into subsequent money laundering is ongoing. No official charges have been filed yet, and the police have not made a final decision on the utilization of the seized bitcoins.
- German Police Seize $2.1B Worth of Bitcoin in Piracy Sting CoinDesk
- Germany: Police seize bitcoins worth €2 billion DW (English)
- German Police Seize $2.1 Billion in Bitcoin From File Sharers Bloomberg
- German authorities seize record $2.17 billion in Bitcoin from piracy website CryptoSlate
- Suspect in Movie2k case transfers €2 Billion in Bitcoin to Saxony police CyberNews.com
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
0 min
vs 1 min read
Condensed
57%
145 → 62 words
Want the full story? Read the original article
Read on CoinDesk