Record Bitcoin Seizure in Germany

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planktonHero Member
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#1Jun 19, 2021, 12:55 PM
So, the German police just seized 50,000 BTC. That’s like a massive haul worth billions. Crazy how it’s tied to an old piracy case from 2013. Guess they were running an illegal streaming site or something.
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lynx1337Newbie
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#2Jun 20, 2021, 12:02 PM
Yeah, these guys were distributing pirated films and tried to hide their money in Bitcoin. Honestly, piracy is killing the film industry. Glad to see law enforcement stepping up and taking action. Hope this sends a message that using crypto for crime is going to backfire.
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#3Jun 20, 2021, 01:05 PM
I’m all for cleaning up the Bitcoin network. Every time they catch these criminals, it helps legitimize the currency in the eyes of the public. Doesn’t matter how decentralized it is, criminals don’t belong in crypto.
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lynx1337Newbie
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#4Jun 20, 2021, 02:18 PM
But hold up. People always think Bitcoin is just for criminals. Like, when was the last time a kidnapper asked for Bitcoin? They want cash because it's easier to launder! I think these seizures actually help show that Bitcoin can be used responsibly.
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planktonHero Member
Posts: 453 · Reputation: 2049
#5Jun 20, 2021, 04:54 PM
Interesting take, but the crime happened over a decade ago. Bitcoin wasn’t even mainstream back then. Wonder how they traced this back to the criminals. Did someone turn them in, or what?
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