News German police claim largest Bitcoin seizure ever — more than $2 billion recovered in ongoing video piracy investigation

[Admin]

Police in Germany have confiscated over $2 billion worth of Bitcoins (BTC) during investigations into suspected operators of the movie2k.to pirate movie streaming site.

German police claim largest Bitcoin seizure ever — more than $2 billion recovered in ongoing video piracy investigation : Read more

 

[thisisaname]

Investigation into movie2k.to is ongoing, and the prosecutor’s office says it is still looking for additional suspects.

Been investigating for 10 years and they still have not got a case but they have kept hold of their money, is that any less illegal than the copyright thief?

 

[DavidLejdar]

It is spelled "Spiegel". It translates mostly to "mirror", derived from Latin "speculum".

There are some more stories behind it. Like the one, where one of the persons involved with the website, hacked the competition, and passed on data to authorities.

Also, the exact amount is 49,858 bitcoins. The website linked by Spiegel says: "fast" (English: nearly or almost). Spiegel just rounded it up.

Been investigating for 10 years and they still have not got a case but they have kept hold of their money, is that any less illegal than the copyright thief?

A bit more complex than that. In particular the two persons mentioned were caught in 2019, and the mentioned bitcoins were transferred mid-January 2024.