- Saxony’s Bitcoin promoting spree
- Untouched stash
In response to knowledge offered by analytics agency Arkham Intelligence, the German authorities has did not seize a complete of 45,000 Bitcoins ($5 billion) from the notorious Movie2K piracy web site. If the evaluation is appropriate, the operators behind Movie2K nonetheless have entry to a considerable cryptocurrency fortune.
Saxony’s Bitcoin promoting spree
Saxony, a state in jap Germany, offered a complete of fifty,000 Bitcoins final 12 months after seizing them from the notorious piracy web site.
The promoting spree attracted sturdy pushback from the Bitcoin group, and the sale ended up being premature in hindsight, provided that the value of the main cryptocurrency has vastly appreciated since then.
Untouched stash
Now, Arkham claims to have recognized one other untouched stash of roughly the identical measurement. At present costs, it’s value greater than what the German authorities has already liquidated.
The cash are hidden throughout a complete of 100 wallets, and it stays unclear whether or not the German authorities (or the state of Saxony, to be exact) really missed these cash fully.
It stays to be seen whether or not Saxony will try and seize these Bitcoins sooner or later if Arkham’s evaluation is definitely appropriate.