During a major anti-piracy operation, European investigators uncovered €47 million ($55 million) in cryptocurrency linked to illicit IPTV services that profited from unauthorized content distribution.
Europol announced the results of “Intellectual Property Crime Cyber-Patrol Week”, an operation targeting IPTV providers that stream sports events and premium content without licenses, accepting payments in crypto.
Investigators performed crypto-based test purchases, which enabled them to trace transactions and identify the operators behind illegal websites. Europol emphasized that the primary goal was to dispel the myth of crypto anonymity, proving that digital payments can be tracked. Authorities initially focused on 69 websites with almost 12 million yearly visitors, later identifying 44 additional pirate platforms. The raid led to the discovery of €47 million in cryptoassets believed to be tied to large-scale intellectual property violations.
IPTV-driven digital piracy has become one of the most profitable underground markets, allowing criminals to sell sports broadcasts, films, and premium channels without paying copyright owners.
Europol, the EU Intellectual Property Office (EUIPO), and Spain’s National Police are increasingly leveraging crypto-tracking techniques, as cryptocurrency has become the dominant payment method in the piracy ecosystem.
The operation showcases a strategic shift: instead of chasing individual websites, investigators now target the financial backbone of piracy networks by freezing wallets and disrupting revenue streams.

The Europol raid proves that crypto anonymity is an illusion and that tracing financial flows can effectively expose digital pirates. The seized €47 million will fuel future investigations and highlight how financial pressure is becoming a powerful tool in the fight against piracy.ъ