A $68 million bitcoin reserve seized through German police, but the owner refused to disclose his password

Gerguy’s prosecutors reportedly have about 1,700 bitcoins confiscated from a bitcoin miner, but the guy will give them his password to unlock the cryptocurrency.

“We asked him but he didn’t answer, ” said Reuters Sebastian Murer, a prosecutor. “Maybe I don’t know.

At the time of writing, the value of the reserve is approximately $67. 9 million.

It is said to have kept your extracted bitcoin in a password-protected virtual wallet, which is a non-unusual way to keep the virtual currency.

Without the password, there is no way to open a virtual wallet.

Read more: Four heavyweight investment companies the top five hot questions about bitcoins faced by investors as cryptocurrency reports unprecedented volatility

Last month, a man from Gerguyy had a bitcoin reserve of about $220 million inaccessible because he had lost his password. In January, a man from the Welsh city of Newport said he had mistakenly dropped some 7,500 bitcoins, valued at about $275 million.

While the cryptocurrency has soared in recent months, lock houseowners have noticed the price increase. Bitcoin reached $40,000 last month for the first time, then $41,000, before falling. Since then, it has risen again, and on Saturday its maximum of 24 hours of $39982. 81. CoinDesk.

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