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Men hand over bitcoins worth €2 billion to German police - Vimarsana News

Men hand over bitcoins worth €2 billion to German police

A total of 50,000 bitcoins have been provisionally seized during investigations in the eastern German state of Saxony in what is believed to have been the biggest seizure of its kind to date in Germany. The bitcoins were worth around €2 billion ($2.17 billion) at Tuesday's exchange rate, Kay Anders, the press spokesman for the Saxon State Criminal Police Office (LKA), confirmed to dpa on Tuesday. One of the suspects in the investigation had voluntarily transferred the virtual currency to the Fed

Source: yahoo.com
German Authorities Seize $2 Billion Worth of Bitcoin - Vimarsana News

German Authorities Seize $2 Billion Worth of Bitcoin

The police described the transfer of funds as the “most extensive seizure of Bitcoins by law enforcement in the Federal Republic of Germany.”