German Police Seizes $2.1 Billion In Bitcoin From Piracy Ring

German Police Seizes $2.1 Billion In Bitcoin From Piracy Ring

In a groundbreaking operation, German authorities have secured a staggering sum of nearly 50,000 Bitcoin, valued at approximately $2.1 billion, in what is unfolding as the nation’s most substantial cryptocurrency seizure to date. The collaborative effort, spearheaded by the Dresden Public Prosecutor General’s Office, the Saxony State Criminal Police Office, and the Leipzig II tax office’s investigation department, marks a significant milestone in the battle against digital crime.
German Police Makes Historic Bitcoin Seizure
The operation, bolstered by the Federal Criminal Police Office (BKA), the Federal Bureau of Investigation (FBI), and a Munich-based forensic IT expert firm, led to the voluntary transfer of the seized Bitcoin to a government-controlled wallet. This action is part of an ongoing investigation targeting two key figures, a 40-year-old German man and a 37-year-old Polish man, associated with a major German piracy portal active until May 2013.
The individuals are su

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