Federal judge orders Bitcoin investor Frank Ahlgren to reveal passcodes for $124M in digital assets.

Frank Richard Ahlgren III, an early Bitcoin investor convicted of tax fraud, has been ordered by a federal judge to disclose his secret passcodes for digital assets valued at about $124 million. Sentenced to two years in prison, Ahlgren must also pay $1 million in restitution for underreporting gains from Bitcoin sales. The court's order compels him to reveal all cryptocurrency accounts and devices used to store passcodes.

2 months ago
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