Germany | ForkLog

ForkLog 30 19.09.2024

Commerzbank to Introduce Cryptocurrency Trading Services

Germany’s second-largest bank by branches, Commerzbank, in collaboration with Crypto Finance, a subsidiary of the major exchange operator Deutsche Boerse Group, will offer cryptocurrency trading and custody services to corporate clients. This was reported by CoinDesk. “Our digital asset offering allows corporate clients to leverage the opportunities presented by Bitcoin and Ether for the first […]

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ForkLog 22 19.09.2024

Germany Shuts Down 47 Illegal Bitcoin Exchanges

The German Federal Criminal Police Office (BKA) discovered and seized operational and backup servers of 47 illegal cryptocurrency exchanges. According to the agency’s statement, these services were used by ransomware operators, botnet owners, and darknet marketplace vendors. During the operation, law enforcement gained access to IP addresses, registration data, and user transactions, which were stored […]

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ForkLog 33 21.08.2024

Germany Seizes 13 Illegal Bitcoin ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 cryptocurrency ATMs in major cities, which were operating without the necessary permits. According to the regulator, the devices were unregistered and violated the Banking Act, posing a risk of money laundering. The authorities also confiscated nearly €25 million ($28 million) in cash. The operators of the […]

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ForkLog 58 17.07.2024

Germany Reveals Proceeds from Bitcoin Sale

Following an “emergency sale” of 49,858 BTC, the German government managed to secure an “unprecedented” €2.6 billion ($2.88 billion). This was reported by Decrypt, citing a press release from the local prosecutor’s office. The assets in question were seized from the pirate portal Movie2k in January. At that time, their value was approximately $2.17 billion. […]

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ForkLog 8 17.07.2024

Glassnode Assesses Impact of ETF Flows, Mt.Gox Payouts, and German Government Actions

The Bitcoin market has absorbed 48,000 BTC linked to the German government and is anticipating further sales from Mt.Gox clients. Analysts at Glassnode have examined these factors, as well as the role of ETFs. The #Bitcoin market recently absorbed over 48k BTC in sell-side sourced from the German Government. With Mt Gox distributions also on […]

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ForkLog 25 17.07.2024

Alleged Trickbot Hacker Arrested in Moscow

On July 15, an alleged member of the hacker group behind the Trickbot botnet was detained in Moscow at the request of Interpol, according to the Telegram channel Baza. According to available information, 37-year-old Fedor A. is wanted by German authorities. In addition to his connection with Trickbot, he is suspected of organizing criminal and […]

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ForkLog 24 13.07.2024

Michael Saylor Urges Germany to Retain Bitcoin Holdings

MicroStrategy founder Michael Saylor took to X, posting in German to urge against selling the leading cryptocurrency. Du verkaufst deine #Bitcoin nicht. — Michael Saylor⚡️ (@saylor) July 12, 2024 The post followed reports that Germany’s criminal police and public prosecutor’s office had sold all 49,860 BTC, valued at approximately $2.9 billion, seized from the pirate […]

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ForkLog 22 12.07.2024

German Authorities Offload Additional 2700 BTC

On July 12, a wallet associated with Germany’s Federal Criminal Police Office (BKA) transferred 2700 BTC, valued at $154.59 million, to trading platforms. German Goverment started selling coins on July 12. At 15:02 UTC+8, it transferred a total of 1,200 BTC to Bitstamp, Kraken and Coinbase (400 BTC each), transferred 1,000 BTC to the suspected […]

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ForkLog 35 11.07.2024

German Authorities Liquidate 5627 BTC

On July 11, a wallet associated with the German Federal Criminal Police Office (BKA) transferred 5627 BTC, valued at $328.89 million, to trading platforms. JUST IN: The German Government just sent another 3250 BTC ($191.02M) to Cumberland, Coinbase, Bitstamp, Kraken, 139Po (likely institutional deposit/OTC service), and address bc1qu. So far today, they have transferred a […]

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ForkLog 24 10.07.2024

German Bitcoin Sales Clarified by Expert

Recent reports of Bitcoin sales by German authorities are somewhat misleading. The assets are being sold by the government of the federal state of Saxony, which lacks the capacity to hold the coins, according to CoinDesk. In January, the regional Criminal Police Office seized 49,857 BTC from the administrators of the pirate movie site Movie2k. […]

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ForkLog 6 09.07.2024

German Government Transfers $362 Million in Bitcoin

On July 9, a bitcoin wallet associated with Germany’s Federal Criminal Police Office (BKA) transferred 6306.9 BTC ($362.12 million) to trading platforms. TODAY: German Government selling up to 6306.9 BTC ($362.12M) In the past 3 hours, the German Government has sent 6306.9 BTC ($362.12M) to Kraken, Cumberland, 139Po (likely institutional deposit/OTC service) and address bc1qu. […]

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ForkLog 11 08.07.2024

German Authorities Continue Bitcoin Transfers to Exchanges

On July 8, a bitcoin wallet associated with Germany’s Federal Criminal Police Office (BKA) transferred 500 BTC (~$27.9 million) to centralized exchanges. The #German government transferred 1,000 $BTC($55.8M) out again 15 minutes ago, of which 500 $BTC($27.9M) was deposited to #Coinbase and #Bitstamp. The #German government currently holds 38,826 $BTC($2.17B).https://t.co/h2JlBVFPsL pic.twitter.com/NS5pkMixrj — Lookonchain (@lookonchain) July […]

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