He lost 53 million euros in Bitcoin…

He lost 53 million euros in Bitcoin…

By Gamma | Gamma | 5 Apr 2020


6000 Bitcoins 

Collins bought almost 6,000 bitcoins with the money earned from growing and selling cannabis. At that time, Bitcoin was not worth as much as today, when it bought this cryptocurrency it was worth between 4 and 6 dollars, to date it has risen to 9700 dollars. However, no one will be able to touch this fortune, since the owner has simply lost the password

He was growing grass on a rental property, after his arrest his landlord vacated the area by transporting most of the furniture to a landfill. Problem, among these pieces of furniture was a fishing rod case in which Collins had concealed a sheet of A4 paper with inscriptions allowing access to more than 53.6 million euros in Bitcoin.

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He lost 12 account

Stored in cryptowallets that issue an access code once it contains bitcoins. Anyone who obtains this code can access and steal the cryptocurrency. Buyers are therefore generally encouraged to hide their codes in a safe place. For his part, Collins placed his 6000 bitcoins in 12 different accounts. He then printed the 12 access codes on a sheet of paper before hiding it in this fishing rod case.

He could not have access to this money even by finding the codes since the Criminal Asset Bureau seized the cryptowallets

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