It looks like the guy installed bitcoin miners on others' computers to build up his stash. As per the not your keys, not your coins rule, the German police is unable to do anything with it unless the guy (who got a two year prison sentence) will reveal how to unlock the wallet.
We can speculate he clearly lost the password after a boat accident.
I dont believe on that he had lost the password on that boat accident. He had might keep those keys somewhere and would get those back once he get out in prison.
No one can really force you out to tell those keys if you didnt want to and this is what crypto is all about that no one can able to control nor bypass your wallet
if they dont have those keys which is fully representing a total freedom and now that guy had released in prison? For sure its time for him to cherish out those
coins that he had kept while he's still in prison and on the good timing that the bitcoin price is already high now which is the best sweetest spot.
Just to be clear, as it may have not been that way, I was obviously joking about the boat accident! I believed it was one of the most common crypto jokes around
If he gets it out of jail without having to give up his coins he might live happily thereafter. The thing is, he must survive two years in jail and avoid being asked about why he went there in the first place!