**[Arkham: German Government Fails to Seize $5 Billion Worth of Bitcoin]** According to a report by Jinse Finance, Arkham monitoring indicates that the German government failed to seize $5 billion worth of Bitcoin. In early 2024, German police confiscated 49,858 Bitcoins from the operators of the pirated movie website Movie2K. However, by July 2024, the government sold these Bitcoins for only $2.89 billion, at an average price of $57,900 per Bitcoin. Currently, the Movie2K wallet still holds over 45,000 Bitcoins, nearly equivalent to the amount initially seized. This sum, worth approximately $5 billion, is distributed across about 100 wallets and has not been moved since 2019. Considering the German government has made no official comments on this matter, it is highly likely that these funds remain under the control of the Movie2K operators. It is reported that Movie2K was a movie piracy website active since 2013. Its operators were arrested in 2019 and, in January 2024, handed over approximately 50,000 Bitcoins to the German government through a "voluntary transfer." The German government seized and transferred these nearly 50,000 Bitcoins in early 2024.