BTC Price Index and Live Chart – CoinDesk”>(BTC) worth $2.17 billion, calling the action its largest cryptocurrency seizure ever, according to a police statement.

The claim relates to the operation of an illegal piracy site in 2013, which violated the Copyright Act. The proceeds of this venture were converted into bitcoin. The statement stated that one of the suspects had voluntarily transferred bitcoin to the Federal Criminal Police Office.

The investigation into money laundering is still ongoing, but no charges have yet been filed against the men.

The police statement also added that “a final decision has yet to be made regarding the use of bitcoins.”

In 2023, the U.S. Government seized 216 million dollars worth of bitcoin that were linked to Silk Road. Silk Road was a dark web market that had been shut down in 2013. According to Arkham Data, the U.S. Government now owns $9.5 billion in bitcoin.

Stephen Alpher edited the book.