In Germany, $ 30 million was seized from the operators of a pirate movie site …

In Germany, $ 30 million was seized from the operators of a pirate movie site ...

In Germany, $ 30 million in Bitcoin and Bitcoin Cash were seized from the operators of the pirate movie site

German law enforcement jointly seized $ 30 from the FBI million in bitcoin and Bitcoin Cash from operators of Movie2K streaming site.

Movie2K led his activities from 2008 to 2013 Per this time is he managed to spread about 900,000 copies of films and TV shows. Him popularity grew rapidly: it became the 19th most visited in Germany and 240th in the world. Before closing, Movie2K attracted more visitors, than Twitter, Amazon, Apple and PayPal.

Despite its significant popularity, Movie2K stopped working in 2013 without any warning. Users they suspected that the authorities could be involved in the closure of the resource. No official information by this the occasion was not published until before November 2019 of the year, when the Dresden prosecutor’s office reported about detention alleged site operators.

In Germany, $ 30 million was seized from the operators of a pirate movie site ...

This week the prosecutor’s office announced about arrest of the property of the suspects in custody. Besides Togo, the ad says that they are began to cooperate with the investigation and recognized guilt in illegal distribution licensed content, as well as attracting a multi-million dollar amount, which then converted to cryptocurrencies.

Having collected a substantial amount in traditional currency, accurate the size of which is not specified, in the middle of 2012 the detainees started buy bitcoin. According to the prosecution, one of suspects – a programmer and owner of a real estate agency – at some point owned more than 22 000 BTC or $ 260 million at the current exchange rate. Subsequently, he used this money for investment in real estate. The unspent part of the amount in cryptocurrency was confiscated by the authorities along with the whole illegally acquired property.