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

submitted 1 year ago by [email protected] to c/[email protected]

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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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[–] [email protected] 1 points 1 year ago

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