European police busted an illegal streaming ring that provided service to two million people and was so sophisticated that it had its own customer service team.
The criminal network operated for over five years and offered more than 40 000 channels, movies, documentaries and other content, according to European police coordination agency Europol.
A property, luxury cars and jewellery, cash and cryptocurrencies were seized for a total value of about €4.8-million
The group offered a technical assistance service and high standards of quality control, earning an estimated €15-million through PayPal payments, bank transfers and cryptocurrencies, the agency said.
The threat to legal streaming may grow if Netflix, Walt Disney Co and others gradually raise prices in coming years to capitalise on their fast-growing subscriber bases and viewers seek out cheaper, illegal alternatives.
A property, luxury cars and jewellery, cash and cryptocurrencies were seized for a total value of about €4.8-million, Europol said.
