{"id":392945,"date":"2024-01-30T14:53:20","date_gmt":"2024-01-30T14:53:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=392945"},"modified":"2024-01-30T15:01:59","modified_gmt":"2024-01-30T15:01:59","slug":"german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website\/","title":{"rendered":"German authorities seize record $2.17 billion in Bitcoin from piracy website"},"content":{"rendered":"<p>German authorities successfully confiscated 50,000 <a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a>, valued at $2.17 billion, in mid-January from a piracy website, according to a Jan. 30 <a href=\"https:\/\/www-polizei-sachsen-de.translate.goog\/de\/MI_2024_103935.htm?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp\">statement<\/a> from the Saxony Police.<\/p>\n<p>The seizure is linked to an ongoing investigation into suspected unauthorized commercial exploitation of copyrighted works under the Copyright Act and subsequent commercial money laundering. The Federal Criminal Police Office (BKA), the FBI, and an undisclosed IT company from Munich are collaborating in the investigations.<\/p>\n<p>According to the authorities, two unnamed suspects, including a 40-year-old German and a 37-year-old Polish man, have been identified. One of them voluntarily transferred the flagship digital asset to addresses provided by BKA.<\/p>\n<p>Meanwhile, this marks the most extensive asset seizure by the German police, and the authorities are yet to determine how the seized Bitcoin will be utilized.<\/p>\n<p>Notably, this isn't the first time German authorities have seized Bitcoin. In 2022, they <a href=\"https:\/\/cryptoslate.com\/german-authorities-shut-down-worlds-largest-darknet-market-hydra\/\">confiscated<\/a> approximately \u20ac23 million worth of the top digital asset after dismantling the server infrastructure of the illicit darknet marketplace Hydra.<\/p>\n<p>Drawing parallels, the U.S. government has also undertaken <a href=\"https:\/\/cryptoslate.com\/u-s-plans-to-sell-130m-of-bitcoin-seized-in-connection-with-silk-road\/\">significant seizures<\/a> of the top cryptocurrency. Over 50,000 BTC, valued at $3.6 billion, linked to the defunct darknet marketplace, Silk Road, were seized from James Zhong in recent years.<\/p>\n<p>The U.S. has also been actively divesting its BTC holdings. On Jan. 25, the government <a href=\"https:\/\/cryptoslate.com\/u-s-plans-to-sell-130m-of-bitcoin-seized-in-connection-with-silk-road\/\">revealed plans<\/a> to sell $130 million of the cryptocurrency.<\/p>\n<p>Despite this selling activity, <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/usg\">data <\/a>from the Arkham Intelligence platform indicates that the U.S. government still holds more than 216,000 units of BTC, valued at $9.56 billion as of press time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>German authorities successfully confiscated 50,000 Bitcoin, valued at $2.17 billion, in mid-January from a piracy website, according to a Jan. 30 statement from the Saxony Police. The seizure is linked to an ongoing investigation into suspected unauthorized commercial exploitation of copyrighted works under the Copyright Act and subsequent commercial money laundering. The Federal Criminal Police [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":392986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,77968],"tags":[76769,77447],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>German authorities seize record $2.17 billion in Bitcoin from piracy website<\/title>\n<meta name=\"description\" content=\"German police have seized the largest tranche of Bitcoin in their history, confiscating 50,000 BTC from a piracy website.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"German authorities seize record $2.17 billion in Bitcoin from piracy website\" \/>\n<meta property=\"og:description\" content=\"German police have seized the largest tranche of Bitcoin in their history, confiscating 50,000 BTC from a piracy website.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-30T14:53:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-30T15:01:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/01\/bitcoin-germany-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/german-authorities-seize-record-2-17-billion-in-bitcoin-from-piracy-website\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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