Germany has not seized 5 billion USD in Bitcoin linked to Movie2k piracy site: Arkham

Arkham reported that German authorities overlooked 45,000 Bitcoin tied to Movie2K, which would be valued at around 5 billion USD. These Bitcoins have been dormant since 2019.

In January 2024, Germany seized nearly 50,000 Bitcoin and sold it before a substantial price increase. The current trading value of Bitcoin is approximately 111,000 USD, reflecting substantial potential losses.

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