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Programmer has two password guesses left before losing $266M in Bitcoin

Published 01/14/2021, 05:55 AM
Updated 01/14/2021, 07:40 AM
Programmer has two password guesses left before losing $266M in Bitcoin

A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would be worth $268 million — that is, if only they were accessible.

As a New York Times profile on Jan. 12 outlined, Stefan Thomas uses a hard drive called an IronKey, but lost the paper on which he wrote down the password for the device "years ago." If Thomas fails to remember it, 10 failed guesses will result in the drive encrypting its contents forever. He has, so far, tried eight guesses with no luck.

Continue Reading on Coin Telegraph

Latest comments

So sad to read this.My Sincere prayers with him and his family.Wish Almighty God to bless his Heart and Mind so he can be succesful in retrieving his wallet.My sincere prayers with you.Be confident pray well and dont lose hope.Best wishes always and good luck Be Safe, Take care and have a nice time with your family, friends and loved ones
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