The German government entity, specifically the German Federal Criminal Police Office (BKA), had previously seized almost 50,000 BTC in 2013, worth over $2 billion at the time, from the operators of the film piracy website Movie2k.to. On Monday, an address belonging to the BKA sent over $900 million to various addresses, causing some concern among traders. However, it has been reported that the entity received over $200 million from exchanges such as Kraken, Coinbase