tldr; Arkham Intelligence reports that 45,000 BTC, worth $5 billion, linked to the piracy website Movie2K, were not seized by German authorities during a 2024 confiscation of nearly 50,000 BTC. The Bitcoin cluster, untouched since 2013, shares characteristics with the seized funds, including origins from defunct exchanges Mt. Gox and AnxPro. German authorities have not commented on the discovery. Movie2K’s operators, charged with copyright infringement and money laundering, received suspended sentences after cooperating with investigations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MichaelAischmann on
Someone kept a rainy day fund.
old-bot-ng on
😂 good thing they seize encrypted chats of resident taxpayers and other law abiding citizens 👍
brennfl81 on
Fine, fine, I’ll take it off their hands for them.
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tldr; Arkham Intelligence reports that 45,000 BTC, worth $5 billion, linked to the piracy website Movie2K, were not seized by German authorities during a 2024 confiscation of nearly 50,000 BTC. The Bitcoin cluster, untouched since 2013, shares characteristics with the seized funds, including origins from defunct exchanges Mt. Gox and AnxPro. German authorities have not commented on the discovery. Movie2K’s operators, charged with copyright infringement and money laundering, received suspended sentences after cooperating with investigations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Someone kept a rainy day fund.
😂 good thing they seize encrypted chats of resident taxpayers and other law abiding citizens 👍
Fine, fine, I’ll take it off their hands for them.