German Police Seize $30M in Crypto From Streaming Site Operator

Cointelegraph

Published Aug 06, 2020 07:01AM ET

Updated Aug 06, 2020 08:40AM ET

After a lengthy joint investigation with the American FBI, German police have seized over 25 millions euros worth of cryptocurrency associated with the illegal movie streaming site movie2k.to.

Shuttered in spring 2013 due to copyright infringement concerns, the site’s two main operators are accused of having distributed over 880,000 pirated copies of films, together with their accomplices, via the site between fall 2018 and spring 2013. They have been charged with operating an illegal streaming service, which enabled users to watch pirated films without downloading them.

Continue Reading on Coin Telegraph