German Police Seize $2.17 Billion in Bitcoin

In the largest cryptocurrency seizure in the country's history, two suspects voluntarily transferred the funds from a piracy operation to official law enforcement wallets.

German police have confiscated 50,000 bitcoin worth $2.17 billion in the country's 'most extensive' cryptocurrency seizure ever.
The investigation was supported by the Federal Criminal Police Office (BKA), the FBI and a Munich-based forensic IT expert company.
The bitcoins were seized after the suspects voluntarily transferred them to official wallets provided by the BKA.
The suspects are believed to have run a German piracy website until 2013, and the bitcoins are suspected to be proceeds from that venture.
No official charges have been lodged against the suspects yet, and a decision has not been made about the utilization of the bitcoins.