The post FBI can’t be blamed for wiping hard drive with $345M BTC, say judges appeared on BitcoinEthereumNews.com. A US appeals court says the FBI isn’t at fault for wiping a drive containing over 3,400 Bitcoin, as its convicted owner never informed the government that he owned the tokens. A man convicted of identity theft, who claims his hard drive with over 3,400 Bitcoin was seized and wiped by the FBI, has lost his lawsuit against the government in a US appeals court.  A three-judge panel at the Eleventh Circuit Court of Appeals found on Tuesday that Michael Prime can’t sue the government over the loss of a key to access around 3,443 Bitcoin (BTC), now worth $345 million, as he previously claimed he didn’t own that amount of crypto. Prime asked a court after he was released from prison in July 2022 for a hard drive containing the Bitcoin to be returned, but the FBI had wiped it as part of its standard procedures, which Prime claimed was illegal; the judges said. Read more Source: https://cointelegraph.com/news/fbi-cant-be-blamed-for-wiping-hard-drive-with-345m-bitcoin-say-judges?utm_source=rss_feed&utm_medium=feed%3Fttl%3D0%26_q%3D1762456581678%26sid%3D564e62d00765db5b%26r%3Dd7ntux&utm_campaign=rss_partner_inboundThe post FBI can’t be blamed for wiping hard drive with $345M BTC, say judges appeared on BitcoinEthereumNews.com. A US appeals court says the FBI isn’t at fault for wiping a drive containing over 3,400 Bitcoin, as its convicted owner never informed the government that he owned the tokens. A man convicted of identity theft, who claims his hard drive with over 3,400 Bitcoin was seized and wiped by the FBI, has lost his lawsuit against the government in a US appeals court.  A three-judge panel at the Eleventh Circuit Court of Appeals found on Tuesday that Michael Prime can’t sue the government over the loss of a key to access around 3,443 Bitcoin (BTC), now worth $345 million, as he previously claimed he didn’t own that amount of crypto. Prime asked a court after he was released from prison in July 2022 for a hard drive containing the Bitcoin to be returned, but the FBI had wiped it as part of its standard procedures, which Prime claimed was illegal; the judges said. Read more Source: https://cointelegraph.com/news/fbi-cant-be-blamed-for-wiping-hard-drive-with-345m-bitcoin-say-judges?utm_source=rss_feed&utm_medium=feed%3Fttl%3D0%26_q%3D1762456581678%26sid%3D564e62d00765db5b%26r%3Dd7ntux&utm_campaign=rss_partner_inbound