Sun Ge has been active again these days! He wants to negotiate with the German government to buy all BTC, about 50,000!!!
At this point, I believe many fans are as curious as I am, where did the German government get these 50,000 bitcoins?
So I searched for it. The information showed the following:
Police in the German state of Saxony have seized 50,000 Bitcoins (more than $2.1 billion at current exchange rates) from the former operators of the now-defunct piracy website movie2k.
“This is the most extensive security protection for Bitcoin carried out by law enforcement in the Federal Republic of Germany to date,” the German police press release stated.
The man voluntarily transferred the crypto funds to a wallet controlled by German authorities.
The seizure is the result of a tax investigation conducted by the Dresden Public Prosecutor's Office, the Saxony State Criminal Police Office and the Second Tax Office in Leipzig as part of the Integrated Investigation Team of Saxony (INES).
The investigation is also supported by the Federal Criminal Police Office (BKA), the Federal Bureau of Investigation and a Munich-based forensic IT specialist company.
According to German media reports, one of the two operators is also involved in the operation of the http://mega-downloads.net website.
Movie2k was a platform involved in the unauthorized distribution of copyrighted movies, TV shows, and other media content. It operated between 2008 and 2013. In 2013, the Motion Picture Association of America (MPAA) shut down the site over concerns about copyright infringement.
Movie2k is popular among pirates for its rich content and user-friendly streaming and downloading features. In addition, the site has fostered a large community of users who actively share links to pirated content.
An investigation by German authorities identified two operators of the popular platform, a 40-year-old German and a 37-year-old Polish national.
The two used the proceeds from subscriptions and advertising on the platform to purchase large amounts of Bitcoin.
In summary: The German government accidentally seized the pirated movie website movie2k from the former operator in January 2024. It operated between 2008 and 2013. The website was shut down in 2013. The website did not directly receive Bitcoins, but invested its profits in Bitcoin very early (about tens to more than 100 US dollars per Bitcoin in 2013).
The German government’s fiscal budget in 2024 has a huge gap of 6 billion euros, and the German government’s Bitcoin holdings are approximately 3 billion euros. I snatched it and smashed it, but I don’t feel bad!
The operator of this pirated movie website is a real geek, with vision, taste, pursuit, patience, understanding of investment, tolerance of short-term losses, and the ability to bear risks. All success belongs to the operator. The German government is a real robber. The historical record of Germans' love of robbery proves that they cannot keep what they have robbed.
It is recommended that the former operator of movie2k sue the German government! ! They must demand the appreciation of Bitcoin after 2013!