An illegal movie website added an incredible amount to the budget

by times news cr

2024-08-03 17:17:34

Back in 2013, Dresden prosecutors decided to shut down one of the country’s most popular websites for distributing illegal movies and other recordings at the time movie2k.to.

The case for commercial copyright infringement and money laundering is still pending. However, in January, the main suspect agreed to voluntarily hand over the illegally earned funds – about 50 thousand. bitcoins. Then their value reached up to 2 billion. euros.

Officials have now taken advantage of a statutory exception to sell assets if there is a risk of losing more than 10 percent. its value.

Since the price of bitcoin has risen since the beginning of the year, the government received 2.64 billion from the sale of the cryptocurrency. euros.

The sale itself was carried out in several stages, it lasted three and a half weeks.

This money cannot be used by Saxony until the end of the criminal proceedings. If the court in Leipzig decides that the operator of the illegal website has indeed committed a crime, then this money can go to the coffers of this federal state.

Saxony’s politicians have already scrambled to explain how the moose still in the forest can be shared. Because such an amount is equivalent to approximately 10 percent. of the annual budget of this land.

For example, the left-wing group in the Saxon parliament is already calling for these funds to be invested in hospitals, schools and kindergartens. (Manager-Magazin.de, LR)

2024-08-03 17:17:34

You may also like

Leave a Comment