TechCrunch - Popcorn Time is incredibly illegal almost anywhere, but it’s also almost impossible to stop people from using it without ISP intervention. Even though the original version of the app has been killed off, the project has already been forked and replicated by a new group. Now that the concept is out there I doubt it will ever go away completely — whatever iteration may come.
if you use custom subtitles with VLC, Kodi, Stremio, or PopcornTime, your system may be at risk of a new type of malware.
A ransomware named "Popcorn Time" encrypts your Windows files with an AES-256 encryption. To unlock the files, the victim will need to pay one Bitcoin ($780 or roughly Rs. 52,600).
Norwegian economic crime police have seized the domain name of a local Popcorn-Time website. The site in question didn't offer any copyright infringing material, but featured news articles and links to external sites where the popular application could be downloaded. No arrests were made.