German Police Seize $2.1B Worth of Bitcoin in Piracy Sting
Police in Germany have provisionally seized 50,000 bitcoin (BTC) worth $2.17 billion, calling the action its largest cryptocurrency seizure ever, according to a police statement. The claim is related the operation of a piracy website in 2013 that violated the Copyright Act. Proceeds of that venture were then converted to bitcoin. One of the two suspects voluntarily transferred the bitcoin to the Federal Criminal Police Office (BKA), the statement said.
Source
@Bitcoin_Ethereum_Altcoins
