$345 Million In Bitcoin Gone — But FBI Isn’t At Fault, Judges Say

$345 Million In Bitcoin Gone — But FBI Isn’t At Fault, Judges Say

The US Court of Appeals for the Eleventh Circuit has affirmed a district court’s refusal to award a Florida defendant the value of roughly 3,443 bitcoin—now “worth over $345 million”—after the government destroyed an external hard drive he belatedly claimed held the keys, holding that the equitable doctrine of laches bars relief because he spent […]


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