German authorities can’t access $60 million of seized bitcoins, after fraudster refuses to give them password ...News

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Prosecutors in Germany have embarrassingly found themselves unable to access $60 million of seized bitcoin, after a convicted fraudster refused to provide them with the password. The individual was sentenced and has served his time in prison but, despite the authorities demanding he hand over the account details, he has remained silent, preventing police from gaining access to the more than 1,700 bitcoins he’s believed to own. With bitcoin having surged in price in recent years, having hit a high of $42,000 in January, the value of his wallet is thought to be substantial.  Police wanted to seize control of the individual’s wallet, afte

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