German Fraudster Refuses to Give Police Passwords to $60M Bitcoin Wallet

German Fraudster Refuses to Give Police Passwords to $60M Bitcoin Wallet

German authorities have seized a Bitcoin wallet containing 1,700 BTC, valued at approximately $60 million at the current price. However, the wallet owner refuses to cooperate in disclosing the password.

The seizure came about after an investigation into covert crypto-malware installations over two years ago. The fraudster at the heart of the storm has since served his sentence. But he continues to remain silent on the matter.

Prosecutor Sebastian Murer commented that perhaps the fraudster had lost the password. Either way, authorities have no way of accessing the Bitcoin funds.

“Perhaps he doesn’t know. We asked him but he didn’t say.”

Bitcoin Trading For Way Less Two Years Ago

In 2019, when the man was sentenced for fraud, Bitcoin was valued at a lot less than today. Throughout that year, BTC ranged in price from between $3.5k and $13.6k.

German Fraudster Refuses to Give Police Passwords to $60M Bitcoin Wallet

Source: BTCUSD on TradingView.com

Read the full article at newsbtc.com

Get involved!

0 Comments

No comments yet

DISCLAIMER: All banners and links here are advertisements only. We do not endorse or vouch for any advertisers. Some programs may be illegal depending on your country's laws. Paying status and others status is just for our monitor. We don't give practice, all investments decisions are up to you.

Please bear in mind that all HYIPs and Autosurfs investments presuppose high risks.You've been warned about the hazards .We don't incur a liability for the money you may lose on any site listing here. We don't recommend you spend what you cannot afford to lose.