Posted 2/21/2024, 6:11:32 PM
Man Risks Losing $350 Million in Bitcoin As He Has 2 Password Attempts Left
- Stefan Thomas made a 1-minute Bitcoin video in 2011 and was paid 7,002 Bitcoins, now worth over $350 million
- Thomas lost the password to access the encrypted hard drive storing the Bitcoins on an IronKey drive years ago
- The ultra-secure IronKey drive allows only 10 password attempts before locking forever, and Thomas has used 8 attempts already
- Hacker group Unciphered claims they've found a way to crack IronKey drives to recover lost cryptocurrency
- Despite having only 2 password attempts left, Thomas has declined Unciphered's offer for help due to existing agreements