mike9132
mike9132 t1_ivjnicl wrote
Reply to TIL: That in 2019, some criminals were caught and 36 BTC was confiscated. The authorities valued the worth at €127,000 at the time and was sold 2 years later for €1.5 million. The criminals were returned €1.3 million due to the fact that the amount was expressed in Swedish Krona, not BTC by Wendals87
I thought unless you had the seed phrase you couldn't touch it?
mike9132 t1_ivlawws wrote
Reply to comment by root_over_ssh in TIL: That in 2019, some criminals were caught and 36 BTC was confiscated. The authorities valued the worth at €127,000 at the time and was sold 2 years later for €1.5 million. The criminals were returned €1.3 million due to the fact that the amount was expressed in Swedish Krona, not BTC by Wendals87
So hypothetically, if the device storing the key was never found and for whatever reason the private key remained unknown?