Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost

Irish drug trafficker claims he lost the keys for BTC wallets worth $56 million, confiscated by the police in connection with his recent arrest

So easy to lose, so hard to safe

The cryptocurrency world has witnessed an array of cases with lost codes to users’ digital wallets. Infamous Canadian crypto exchange QuadrigaCX lost the keys for cold wallets holding $145 million in digital assets. The exchange’s founder Gerry Cotten, who was purportedly the sole controller of the wallets and corresponding keys, passed away suddenly on a trip to India. Following his death, neither officials, Cotten’s wife nor the court-ordered monitor — Big Four audit company Ernst & Young — have been able to locate the keys.
 

Shared On DLIKE

---