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

submitted 2 years 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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[–] neocamel@lemmy.studio 3 points 2 years ago (1 children)

Can I have, like, three of em?

[–] possiblylinux127@lemmy.zip 2 points 2 years ago

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

[–] nonailsleft@lemm.ee 2 points 2 years ago (1 children)

voluntary deposit

[–] chaotic_disorganizer@lemmy.world 1 points 2 years ago

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

[–] SilverShark@lemmy.zip 1 points 2 years ago

That's worth over 2 billion euros. What is then done with this? Will the government try to convert it to euros?