BitcoinWarrior

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Men being investigated hand over bitcoins worth €2bn 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 Federal Criminal Police Office (BKA), the spokesman said. According to the Saxon LKA, this seizure of b…