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BrikoX

Police seize record 50,000 Bitcoin from now-defunct piracy site (www.bleepingcomputer.com)

submitted 9 months ago by BrikoX to c/interestingshare

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The police in Saxony, eastern Germany, have seized 50,000 Bitcoin from the former operator of the pirate site movie2k.to through a voluntary deposit to a state-controlled wallet.

This is a record figure for the country's law enforcement authorities, corresponding to over $2.1 billion at today's Bitcoin-USD exchange rate.

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[–] SilverShark 1 points 9 months ago

That's worth over 2 billion euros. What is then done with this? Will the government try to convert it to euros?