Germany’s Bitcoin Seizure Program Exposed: Nearly $5 Billion In BTC Left Dormant

Germany’s much-publicized Bitcoin seizure campaign has come under fresh scrutiny after blockchain analysts revealed that nearly $5 billion worth of BTC has remained ￰0￱ finding raises intrigue within the crypto community, as questions swirl over whether the funds are lost, frozen, or simply being held in ￰1￱ The Coins Remain Untouched In an X post, Elite KOL Crypto Patel, who is also associated with CoinMarketCap and Binance, has highlighted that Germany’s Bitcoin crackdown has encountered a major ￰2￱ analytics firm Arkham has revealed a massive trove of untouched BTC connected to the now-defunct Movie2K piracy site, suggesting that German authorities’ seizure efforts may have hit a ￰3￱ Reading: El Salvador’s Bitcoin Journey Hits 4-Year Mark, Results Still Divisive According to the report, approximately 45,000 BTC, valued at around $5 billion, has been sitting dormant across over 100 wallets since ￰4￱ coins are believed to still be under the control of the site’s original ￰5￱ in 2024, German authorities successfully seized nearly 50,000 BTC, which were later liquidated for about $2.9 billion.

However, despite that high-profile move, this new revelation highlights that a significant portion of the Movie2K fortune is still out of ￰6￱ continues to gain notable mainstream adoption among prominent figures, institutions, and ￰7￱ expert Hashley Giles explained that Bitcoin is an ideal balance sheet asset for a wide range of profitable businesses of all sizes and across all ￰8￱ the United Kingdom, opening an e-money account is a straightforward way for companies to gain BTC exposure without straining existing banking ￰9￱ is also simple when businesses focus on accumulating rather than trading, removing the complexity of constant mark-to-market ￰10￱ ease of integration, Bitcoin offers unmatched ￰11￱ can instantly convert BTC into pounds within seconds whenever business performance requires it, and even on weekends when banks are ￰12￱ to the ultra-low interest rates on business bank deposit savings in the UK, those with slightly better yields often require 90-day or longer notice periods before funds can be accessed.

Bitcoin, on the other hand, has no notice period, making it both flexible and ￰13￱ Bitcoin’s Security While Unlocking Liquidity Bitcoin has long been the most trusted digital asset. However, to fulfill its potential and truly power real economies, it requires a stable unit of ￰14￱ emphasized that the missing piece is U2, a BTC-backed, USD-pegged stablecoin designed to preserve Bitcoin’s security while unlocking global ￰15￱ Reading: Bitcoin Treasury Purchases Down Amid Record Holdings – What Does This Mean? BSquaredNetwork’s vision extends beyond simple ￰16￱ U2 as a stable unit of account, BTC can transform into the settlement engine for payment, decentralized finance (DeFi), and even AI-to-AI ￰17￱ innovation bridges the gap between BTC’s digital gold properties and its potential as the foundation of the intelligent ￰18￱ image from Pixabay, chart from ￰19￱