The German state of Saxony has moved the bitcoin it seized from the alleged operator of long-defunct pirate site Movie2k.

Thumbs down for Germany.

DebatableRaccoon
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474M

Remember the crucial lesson: it’s only theft if you’re not in power.

@banghida@lemm.ee
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14M

Lol

@jet@hackertalks.com
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How on earth did pirates make 3 billion dollars?

Oh I see, Bitcoin from 2010… More like piracy was the seed investment and then the crypto went to the moon

BlackLaZoR
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How on earth did pirates make 3 billion dollars?

They didn’t - majority of that gain isn’t from pirating but from bitcoin price appreciation.

This is really shit authoritarian action from the german government - price appreciation isn’t an illegal source of funds

Less bitcoin is good but shame about the site

There is no “less bitcoin”. They’re just going to sell it.

Ah, well that’s no good

It’ll drop the price, so there’s that at least.

@bier@lemmy.blahaj.zone
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Yes it did drop by a couple k but it’s already well over the drop since the sell time

According to the police report, the defendant agreed to voluntarily hand over the cryptocurrency.

Good joke

Usually would invade comment section.

But not on this huge L. Little ashamed to live in same country as these piece of shit.

Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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