German police are after $ 60 million in Bitcoin.

The prosecutor of the city of Kempten, in the state of Bavaria, stated that the fraudster has remained silent since he was sentenced to prison and started serving his sentence. The police repeatedly attempted to decrypt more than 1,700 bitcoins, but they were not successful.

Prosecutor Sebastian Murer told Reuters, “We asked personally but he did not speak. Maybe he doesn't know either, ”he said. 2 YEARS PENALTY The virtual cryptocurrency bitcoin is stored with software known as a digital wallet protected by encryption. To open the wallet and access the bitcoin, a password is used to unlock the lock. If the password is lost, the user cannot open the wallet.