Bitcoin

Million

<ul class="news-points">
 <li><strong>The German government has sold more than $195 million of Bitcoins seized from pirated movie website operators.</strong></li>
 <li><strong>Bundeskriminalamt (BKA) seized a total of 50,000 Bitcoins from Movie2k.to, a film piracy website that was active in 2013.</strong></li>
 <li><strong>The government still holds a substantial balance of Bitcoins worth $3.05 billion.</strong></li>
</ul>
<p>The German Federal Criminal Police Office (BKA) has sold over $195 million in Bitcoin seized from a pirated movie website in January 2024, recent reports reveal. This marks a significant move by the agency, which is reportedly liquidating a portion of its largest-ever cryptocurrency seizure.</p>
<p>Crypto journalist Laura Shin shared an X post detailing BKA’s massive Bitcoin sell-off. According to her post, the German government is selling the Bitcoins accumulated from the reportedly largest crypto seizure</p>
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   <p lang="en" dir="ltr">The German government has started selling over $195 million worth of the bitcoin it seized from the operators of a pirated movie website in January.<a href="https://twitter.com/tikta_?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@tikta_</a> reports<a href="https://t.co/IyxsLh8DmL" target="_blank" rel="noopener noreferrer nofollow">https://t.co/IyxsLh8DmL</a></p>— Laura Shin (@laurashin) <a href="https://twitter.com/laurashin/status/1803965406228422714?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 21, 2024</a>
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<p>According to Arkham Intelligence <a href="https://platform.arkhamintelligence.com/explorer/entity/germany" target="_blank" rel="noopener noreferrer nofollow">data</a>, BKA began selling Bitcoin on June 19, moving $600 million worth of BTC. Of that amou…</p>
<p>The post <a href="https://coinedition.com/german-authorities-liquidate-195-million-in-seized-bitcoin/" rel="noopener noreferrer nofollow">German Authorities Liquidate $195 Million in Seized Bitcoin</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

German Authorities Liquidate $195 Million in Seized Bitcoin

Coin Edition

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