Germany yet to Seize $5B Bitcoin Tied to Piracy Site Movie2K: Arkham

German authorities reportedly missed $5B in BTC from Movie2K case

Germany Yet to Seize $5B Bitcoin Tied to Piracy Site Movie2k: Arkham

Arkham Intelligence, a company that studies cryptocurrencies, recently stated that German authorities may have overlooked nearly 45,000 Bitcoin (BTC), worth approximately $5 billion, that were linked to the now-defunct movie piracy site Movie2K. This large amount of money, spread across more than 100 wallets, has remained untouched since 2019, indicating that the site’s operators may still have control over it.  Germany seized 49,858 BTC from Mo…

German Government Is Faced with a New $5 Billion Bitcoin Mystery with Linked to Movie2K

In 2024, German authorities seized and immediately sold almost 50,000 BTC that was seized from Movie2K, a movie piracy platform. A few days ago, Arkham Intelligence revealed that an additional 45,000 BTC worth about $5B is still tied to Movie2K wallets. In early 2024, the security officials in Germany successfully seized about 49,858 Bitcoin from a well-known film privacy website. The website movie2k started its operation in 2013, and during the…

Germany Missed $5B Bitcoin in Piracy Case, Says Arkham | The New York Ledger

German authorities might have missed out on around 45,000 Bitcoin connected to the motion picture piracy website Movie2K, suggesting there might be another $5 billion worth of Bitcoin that might become taken and offered. Crypto intelligence platform Arkham stated on Friday that it discovered more than 45,000 Bitcoin (BTC) that “still stays in wallets coming from Movie2K,” which deserves “nearly as much as the quantity took” in 2015 by Germany. G…

Germany yet to seize $5B Bitcoin tied to piracy site Movie2K: Arkham – MAXBIT

German authorities may have missed seizing as much as $5 billion in Bitcoin tied to a piracy site it investigated last year, according to Arkham. German authorities may have missed around 45,000 Bitcoin tied to the movie piracy site Movie2K, meaning there could be another $5 billion worth of Bitcoin that could eventually be seized...