The Criminal Assets Bureau (CAB) in Ireland has been unable to access a Bitcoin wallet containing $378 million worth of cryptocurrency seized from a drug trafficker in 2019. According to Decrypt, the suspect allegedly hid a document containing the seed phrase for his Bitcoin wallet in a fishing rod case in a rented house in Galway. However, it appears that the seed phrase was lost during his arrest. The CAB has been working with international experts to try to recover the funds, but so far, their efforts have been unsuccessful. The loss of the seed phrase is a major setback for the CAB, as it represents a significant amount of money that could have been used to fund law enforcement operations. The case highlights the importance of securely storing cryptocurrency. Unlike traditional fiat currencies, cryptocurrencies are not backed by a central authority, so if you lose access to your private keys, you could lose your funds forever.