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

submitted 9 months ago by BrikoX@lemmy.zip to c/interestingshare@lemmy.zip

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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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[-] Ulvain@sh.itjust.works 4 points 9 months ago

"we our very proud of our seizure of 40,000 Bitcoins!" Say the Chief of Police, who incidentally recently entered into unrelated windfalls.

[-] ericbomb@lemmy.world 2 points 9 months ago

" there seems to be some confusion! Only 30,000 bitcoins were recovered!" Said the mayor, pictured in front of his newly purchased mansion.

[-] neocamel@lemmy.studio 3 points 9 months ago

Can I have, like, three of em?

[-] possiblylinux127@lemmy.zip 2 points 9 months ago

With 3 bitcoin I could get myself a pretty nice car.

[-] nonailsleft@lemm.ee 2 points 9 months ago

voluntary deposit

[-] chaotic_disorganizer@lemmy.world 1 points 9 months ago

I'm guessing it reduced their sentence by quite a lot

[-] SilverShark@lemmy.zip 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?

this post was submitted on 01 Feb 2024

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