Coindesk
3 months agoGerman Police Seize $2.1B Worth of Bitcoin in Piracy Sting
German police have seized 50,000 bitcoin worth $2.17 billion, making it their largest cryptocurrency seizure ever.
The bitcoin was related to a piracy website operation in 2013 and proceeds from that venture were converted to bitcoin.
There is an ongoing investigation into commercial money laundering, but no official charges have been filed. [ more ]