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Did German police steal Bitcoin from a piracy website?

German police gained control of over $2 billion in Bitcoin associated with a piracy website. The authorities say they’ve seized nearly 50,000 Bitcoins from an operator of Movie2K, a major piracy website that was shut down in 2013. That’s on top of the $29.7 million in Bitcoin the FBI helped German police seize from the operators in 2020.

How much bitcoin has been seized in Germany?

German police have seized 50,000 Bitcoin (BTC) worth approximately $2.17 billion, marking the largest cryptocurrency seizure in the country's history. The assets were confiscated during an investigation into a website that violated the Copyright Act in 2013.

Did German police confiscate $2 billion worth of bitcoin?

Police in Germany have confiscated over $2 billion worth of Bitcoins (BTC) during investigations into suspected operators of the movie2k.to pirate movie streaming site.

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