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PayPal snitched on bullish movie pirate who bought $1M in cryptocurrency from Coinbase

Tuesday, May 14, 2019 by Piyush Suthar | Comments

Home News Tech PayPal snitched on bullish movie pirate who bought $1M in cryptocurrency from Coinbase

US authorities have seized over $4 million worth of cryptocurrency and cash following a movie piracy investigation conducted by Homeland Security Investigations (HSI) and Motion Picture Association of America (MPAA). But here’s the saucy part: it was PayPal that tipped off the detectives to the case. The investigation dates back to October 2013, when PayPal pointed HSI to two supposedly illegal streaming services (Noobroom.com and Noobroom7.com), TorrentFreak reports. Curiously, the owner of the pirate sites held a rather diversified portfolio of cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. According to court documents, an Oregon federal court is already reviewing the case. Authorities…

This story continues at The Next Web

Or just read more coverage about: PayPal

Authored by Piyush Suthar
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