German authorities may have failed to seize more than 45,000 Bitcoin related to the Movie2K piracy platform, missing out on nearly $5 billion in potential assets. Although they previously confiscated a record amount of bitcoins in 2024 and sold them quickly to avoid market risks, recent price surges suggest the retained assets could be immensely valuable. The challenge lies in legally proving ownership and accessing these dormant wallets. Meanwhile, Germany continues to push forward with strong crypto adoption and favorable regulations.
Continue to read Germany Overlooks Potential $5 Billion Bitcoin Reserve Linked to Movie2K Pirates
German authorities may have failed to seize more than 45,000 Bitcoin related to the Movie2K piracy platform, missing out on nearly $5 billion in potential assets. Although they previously confiscated a record amount of bitcoins in 2024 and sold them quickly to avoid market risks, recent price surges suggest the retained assets could be immensely valuable. The challenge lies in legally proving ownership and accessing these dormant wallets. Meanwhile, Germany continues to push forward with strong crypto adoption and favorable regulations.
Continue to read Germany Overlooks Potential $5 Billion Bitcoin Reserve Linked to Movie2K Pirates
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