Germany seized beside 50,000 bitcoin in January from the operator of Movie2k.to, a website the state of Saxony found guilty of money legitimating and other illegal activities. The state, with the help of Frankfurt-based German securities trading bank Bankhaus Scheich Wertpapierspezialist AG, and the Federal Bad hat Police Office, sold about 49,858 bitcoin between June 19 and July 12, securing 2.6 billion euros ($2.8 billion), according to a report on Wednesday.
Home / CRYPTOCOINS / Germany Dumping $2.8B Bitcoin Is ‘Market Intervention,’ Despite Murky Legal Justifications
Check Also
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …