The German Government did not confiscate all BTC from the Movie2K piracy site. Old wallets with 45,000 BTC have been discovered, showing addresses that the German government did not manage to seize.

The German government may have failed to recover at least 45,000 Bitcoin during its crackdown on movie piracy platform Movie2k, according to new data uncovered by crypto intelligence platform Arkham.

German authorities may have missed around 45,000 Bitcoin tied to the movie piracy site Movie2K, meaning there could be another $5 billion worth of Bitcoin that could eventually be seized and sold.