U.S. Court Exempts FBI for Erasing 3,400 BTC Hard Drives, Amount of "Permanently Lost" Cryptocurrency Approaches 3.7 Million Coins
Cointelegraph posted on the X platform that a U.S. court ruled that the FBI is not liable for the clearing of a hard drive containing 3,400 BTC, as the owner of the hard drive only later admitted it was theirs.
This incident increases the number of cryptocurrencies considered unrecoverable, with an estimated 3.7 million BTC (approximately 18% of the total supply) currently lost.
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