German police seize $2.17 billion worth of Bitcoin in piracy operation
German police temporarily seized 50,000 bitcoins worth $2.17 billion in a piracy law enforcement operation. This operation is reportedly the largest cryptocurrency seizure in the country's history. One of the two suspects voluntarily transferred the bitcoins to the Federal Criminal Police Office (BKA) in Germany. There are no formal charges against the suspects yet, but investigations into subsequent money laundering activities are still ongoing.
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