Mysterious Bitcoin wallet is worth billions of euros

Someone is in possession of a Bitcoin account worth billions of euros, but it is suspected that the coins have been stolen.

There is a Bitcoin wallet with almost 80,000 Bitcoins on it. This wallet is now 11 years old and is currently valued at $3.7 billion. While the wallet was once the sixth largest address a few years ago, today it is the ninth largest wallet in terms of held Bitcoin. The money has never been spent since the first deposit on March 1, 2011.

Mysterious Bitcoin wallet

The digital coins are believed to have been looted during the so-called Mt Gox scandal. Then Bitcoins were stolen. The wallet has never sent Bitcoins from the address and has received many dust transactions since its inception on March 1, 2011. The stock of nearly 80,000 BTC is known to have been stolen from Mt Gox as the exchange’s former CEO, Mark Karpeles, explained that it was a known recipient of stolen BTC.

“This 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address is known to be the recipient of some 80K BTC stolen from Mt Gox in March 2011,” Karpeles wrote four years ago. While no one knows who owns “1Feex”, the wallet could wake up from sleep at any time.

sleeping

So someone is sitting on a mountain of Bitcoins worth a huge amount of money. The question is whether the coins can ever be cashed in. The government looks closely at the transactions and when they are made, they are linked to a bank account. Then you can also trace the owner of the wallet.

For now, the 79,957.21 BTC will remain inactive until the ‘owner’ dares to trade. Or has he lost his login code?