Archham discovers $ 5 billion in Bitcoin, which she did not touch from a 2K movie star-news.press/wp

Arkham Intelligence 45000 Bitcoin (BTC), estimated at about $ 5 billion, which are still unexpected and linked to Movie2K piracy. The revelation sparked a discussion about Germany’s treatment of the seized digital assets and its broader position on Bitcoin Reserve.

Arkham tracks the sleeping bitcoin associated with Movie2K

Arkham Analytics Blockchain has revealed that more than 45000 BTC is connected to the collapsed Movie2K platform still sitting in lethargy across more than 100 wallets. The company noted that Bitcoin has no movement since 2019, indicating that the money remains under the control of the piracy site operators.

Movie2K, an active film piracy center in 2013, witnessed the arrest of its operators in 2019, which led to the surrender of nearly 50,000 BTC in early 2024 through what the German authorities described as “voluntary transport”. The government later sold these coins.

Arkham Books on x This “about 45000 BTC has been identified in addition to the Bitcoin Governor related to the illegal Movie Movie Movie site that has not been transferred since 2019.” Discovery makes new doubts about whether the application of German law has completed a complete sweep of illegal networks.

Germany was sold earlier in Bitcoin at lower prices

In January 2024, German police seized nearly 49,858 BTC from Movie2K players. These coins were sold in June and July 2024 at an average price of $ 57,900, generating about 2.64 billion euros ($ 2.89 billion) Data from Arkham Intelligence.

In market prices today, the value of the same batch will be estimated at more than $ 5 billion, which highlights what many people now see as a fog liquid. Arkham stressed that the government’s statement “did not mention this BTC additional, and was not included in the sale of emergency.”

Germany justified the sale at the time by indicating the risk of “a large value loss of about ten percent or more.” Meanwhile, Bitcoin has since reached the highest new level (ATH) above 123,000 dollars, confirming how sleeper property like Germany can significantly double if it is managed correctly.

Critics pushes sovereign reserves

The news indicated a debate about how governments deal with the seized bitcoin. The German legislator and bitcoin preacher, Joanna Kotar, warned, through an open message, against selling Bitcoin and argued that Germany could have obtained much greater returns by sticking to its origins in the 2K movie instead of filtering it now appears to be a opponent.

in interviewJoanna publicly supported Bitcoin as a legal tender. I suggested that Berlin adopt a sovereign bitcoin reserve strategy, using the seized holdings to support financial affairs rather than treat them as disposable assets. Such a move will put Germany among the best bitcoin holders in the world, along with Ukraine and the United States.

Earlier this year, the President of Bandespans, Joachim Nagil, repeated his opinion that Bitcoin is volatile and not suitable for national reserves, and compared them to lily obsession in the sixteenth century. His statements shed light on Germany’s reluctance to consensus with countries such as El Salvador, which integrates bitcoin activity into its financial strategy.

El Salvador recently transformed the bitcoin reserves of $ 678 million to 14 portfolios to defend quantum threats, a move that security experts praised to increase flexibility while preserving transparency.

What is the following for the specified BTC

The newly discovered 45000 BTC raises questions about whether the German authorities can, or to do, seize money. The results of Arkham indicate that the governor remains under the control of the Movie2K operators, although it was incomplete for years. Legal and technical obstacles may complicate any future attempt to seize.

A potential recovery of such great hood can affect the Bitcoin market. Previous disposors from Germany sparked significant sale in mid -2014, although the market absorbed flows in the end. Analysts warn that any attempt to filter 45000 BTC can raise similar fluctuations.

Currently, the fate of the sleeping wallet remains without a solution. This discovery sharpening the spotlight on how governments manage digital origins and whether the largest economy in Europe will reconsider its approach with bitcoin growth in global emergence.

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