man who has lost his password for accessing his 7,002 bitcoin, worth about $220m, and has just two attempts left before he is locked out forever.
In an interview with the Times, Stefan Thomas, a programmer living in San Francisco, said that his strategies to remember his password continue to fail, leaving him with only two guesses to figure out his password before being permanently locked out. His 7,002 Bitcoin is worth around $220 million as of this week.
Speaking to The New York Times, Stefan Thomas, a German programmer living in California, revealed that he was gifted the bitcoin, which has fluctuated in value over the years before recently surging, as a reward for making an animated video about bitcoin in 2011.
According to Thomas, he lost the password to his IronKey, an encrypted hard drive that holds the keys to his digital wallet, the same year.
Since then, Thomas told the outlet he has tried eight variations of his commonly used passwords in an attempt to gain access to his IronKey.
IronKey only allows users 10 attempts before it “seizes up and encrypts its contents forever,
Gabriel Abed is another Bitcoin owner who lost access to his Bitcoin wallet since 2011 when his laptop was reformatted, losing 800 Bitcoin that are now worth a total of $25 million, according to the Times.
what you think about this case???
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