Seized Bitcoins by German authorities are worth 50 million euros - but a password is missing
Coin with a Bitcoin logo
Coin with a Bitcoin logo Credit: Antana (Creative Commons Attribution ShareAlike 2.0)

For several years, the Kempten public prosecutor's office has been sitting on more than 1700 Bitcoins. They could bring millions of euros to the state treasury.

As reported by the "Allgäuer Zeitung", the public prosecutor's office does have a digital wallet through which access to the Bitcoins would be possible. However, the former owner of the wallet refuses to reveal the password belonging to the wallet.

The case involved a total of 1800 Bitcoins, which the fraudster had obtained illegally, namely with the help of the computing power of other people's computers.