Security News > 2024 > January > Police seize record 50,000 Bitcoin from now-defunct piracy site

Police seize record 50,000 Bitcoin from now-defunct piracy site
2024-01-31 19:58

The police in Saxony, eastern Germany, have seized 50,000 Bitcoin from the former operator of the pirate site movie2k.

As the police announced, one of the two suspects voluntarily transferred Bitcoin to the Federal Criminal Police Office.

"In an investigation by the Dresden General Prosecutor's Office, the Saxony State Criminal Police Office, and the tax investigation of the Leipzig II Tax Office as the Saxony Integrated Investigation Unit, almost 50,000 Bitcoins were provisionally secured in mid-January 2024," reads the police announcement.

The police say the accused individual voluntarily transferred them to wallets provided by the BKA, and the final decision for the utilization of this substantial amount is pending.

According to German news site TarnKappe, one of the two suspects was also linked to 'mega-downloads.net,' the operators of which the Hanover police have been trying to uncover since 2009.

Vastaamo hacker traced via 'untraceable' Monero transactions, police says.


News URL

https://www.bleepingcomputer.com/news/legal/police-seize-record-50-000-bitcoin-from-now-defunct-piracy-site/

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