Movie Pirate Has US$15m in Crypto Seized By New Zealand Authorities * TorrentFreak
> Following an investigation that began in 2016 at the behest of US authorities, New Zealand's High Court has now ordered the seizure of cash and more than US$21m in cryptocurrencies from a man who helped to develop a movie piracy site. The funds were restrained back in 2019 and in the meantime have gained significant value. Back in 2016, police in New Zealand received information from the Internal Revenue Service in the United States that a movie piracy website was being operated by a local man. According to the IRS, the man and his associates were using online international money transfer...
Source: torrentfreak.com