The German Criminal Police Office (BKA) Has Distributed Around 8,000 BTCs Since 19th June!

Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Jul 8, 2024 14:12

In January of this year, the German Criminal Police Office (BKA) reportedly seized 50,000 Bitcoins from the illegal streaming platform, Movie2K. The government held the seized holding for around 6 months. However, since 19th June, the government has distributed around 8,000 BTCs, resulting in their holding dropping to 42K from 50K. Presently, the value of the remaining Bitcoins is estimated to be around $2,160,000,000.