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Arkham Finds $5 Billion In Bitcoin That Germany Could Still Claim

Germany’s liquidation of nearly 50,000 Bitcoin seized from the Movie2K piracy site in 2024 has drawn renewed attention after blockchain analysts identified another massive trove linked to the case. On September 5, blockchain analytics firm Arkham Intelligence reported that approximately 45,000 BTC tied to Movie2K remains untouched. What Can Germany do With the New Bitcoin Stash? The new coins, valued at nearly $5 billion, are distributed across more than 100 wallets and have shown no activity since 2019. Arkham suggested that the dormant funds are likely still controlled by the site’s operators. BREAKING: ARKHAM IDENTIFIES $5B BTC THAT THE GERMAN GOVERNMENT FAILED TO SEIZEGerman police seized 49,858 BTC from the operators of Movie2K, a film piracy website, in early 2024.…

Source: beincrypto.com — Read the full article
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