German police conducted a
record confiscation of 50 000 BTC worth $2.17 billion. As a result of the investigation, the cryptocurrency was seized from two men who were administrators of a pirate website called Movie2K and illegally distributed media content.
According to an
official statement, the cryptocurrency assets were seized as part of a joint investigation conducted by the Dresden General Prosecutor's Office, the Saxony State Criminal Police Office, the Leipzig Tax Office and the FBI.