German Authorities Say They’ve Seized 50,000 Bitcoins

[sirty143]

German Authorities Say They’ve Seized 50,000 Bitcoins

German authorities have revealed that they have seized 50,000 bitcoins. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted. See more for yourself here.

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[Tribalchief]

We sincerely do not support any criminal activities in the crypto space. However, I question the choice of using Bitcoin as the focal point in this write up. The title of the post creates an impression that a significant Bitcoin related crime occurred, contributing to the negative perception of Bitcoin and crypto. In reality, the individual in question operated an illegal website that was taken down 11 years ago. The funds acquired from this activity were converted to Bitcoin, yet the narrative now suggests a more substantial Bitcoin related crime. This presentation is not impressive at all.