Arkham reveals: German government has not sealed $5 billion Bitcoin (BTC) related to pirated website Movie2K
Source: CoinWorld
Time: 2025-09-08 15:15:34
According to Coinjie.com, German authorities may miss 45,000 Bitcoins related to the pirated website Movie2K, worth nearly $5 billion. Crypto platform Arkham says the Bitcoins are scattered in more than 100 wallets and have not been transferred since 2019. Germany seized and sold nearly 50,000 bitcoins last year, but missed billions of dollars in profits due to law requiring rapid sales of volatile assets. The police need to prove that these Bitcoins are illegal income before they can be seized.