German police seize 50,000 bitcoin in piracy website bust
German authorities focused on two men who allegedly ran “pirated copy portals” under the name Movie2K and used the profits to buy bitcoin.
German authorities focused on two men who allegedly ran “pirated copy portals” under the name Movie2K and used the profits to buy bitcoin.
Jian Wen has been accused of laundering funds that were stolen from 128,000 Chinese investors and converted to bitcoin between 2014 and 2017.
The DEA seized 8,100 bitcoin from Silk Road vendor Banmeet Singh as part of the largest crypto and cash seizure in DEA history.
Fund managers like Proshares and Grayscale are announcing interest-bearing spot bitcoin ETFs that promise generous dividends.
Grayscale has over 530,000 bitcoin and could theoretically keep selling into mid-March, but as a passive ETF manager, that’s highly unlikely.