German State Moves $3 Billion in Bitcoin Seized From Pirate Site Operators
At the start of the 2010s, Movie2k was one of the most visited sites on the web. The site was an early adopter of pirate streaming and at its peak, secured a spot among the twenty most-visited websites in Germany, beating Twitter and Amazon. Movie2k’s success generated a healthy revenue stream which its operators converted to a new and exciting ‘currency’ called Bitcoin. It’s assumed that the goal was to keep the haul hidden from...
