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German Police Secure $2 Billion In Bitcoin From Pirate Site Operators


An anonymous reader quotes a report from TorrentFreak: With help from the FBI, German police managed to secure nearly 50,000 bitcoin (USD $2 billion) from the operators of the defunct movie streaming portal, Movie2k. [...] Movie2K was another pirate site that showed an early interest in bitcoin. In ...

An anonymous reader quotes a report from TorrentFreak: With help from the FBI, German police managed to secure nearly 50,000 bitcoin(USD $2 billion) from the operators of the defunct movie streaming portal, Movie2k. It was rare to see new activity in an already-dated dossier, but the biggest surprise followed later when the police announced that $29.7m in bitcoin had been secured from the site's operators. Following an investigation carried out by the Dresden General Prosecutor's Office, the Saxony State Criminal Police, and the local tax authority (INES), nearly 50,000 bitcoin were 'provisionally' secured earlier this month.

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