Through a voluntary deposit to a state-controlled wallet, the former owner of the pirate website movie2k.to surrendered 50,000 Bitcoin to the authorities in Saxony, eastern Germany.
This represents nearly $2.1 billion at the current Bitcoin-USD conversion rate, setting a record for the nation’s law enforcement agencies.
Between 2008 and 2013, Movie2k was a platform that operated in a legal gray area. It offered links for users to view or download movies and TV series, mostly in English and German read more Police seize record 50000 Bitcoin from now-defunct piracy site.
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