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#1 am 08.02.2021 um 03:56 Uhr Diesen Beitrag zitieren
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German prosecutors confiscated over 50 million euros ($ 60 million) worth of xo Bitcoin from criminals.The only problem was that he couldn't unlock the money because he didn't give him a password.The man was sentenced to imprisonment and served to maintain constant silence as police repeatedly failed to decrypt to gain access to more than 1,700 bitcoin, said a prosecutor in the Bavarian town of Kempten.

 

We asked him, but he didn't, "Prosecutor Sebastian Murer told Reuters on Friday." Maybe he doesn't know. Bitcoin is stored in a software called a secure crypto wallet. The password is used as a decryption key to open a wallet and gain access to bitcoins. When the password is lost, the user will not be able to open the wallet.The scammers were serving more than two years in prison for allegedly installing software on other computers to take advantage of the power to 'mine' or produce bitcoin.

 

As he walks behind the bar, his bitcoin hoard is worth a fraction of its present value.The bitcoin price has soared over the past year, hitting a record high of $ 42,000 in January. It was trading at $ 37,577 on Friday, according to cryptocurrency and blockchain website Coindesk.Prosecutors, however, assured that the man had no access to counterfeit money.


 
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