Business
Man has two attempts left to unlock Bitcoin wallet worth $270 million – TechRadar
If you forget the private key to your Bitcoin wallet, it’s game over
A programmer from San Francisco has revealed he has just two attempts left to unlock a cryptocurrency wallet containing hundreds of millions of dollars worth of Bitcoin.
In an interview with the New York Times
, Stefan Thomas explained he was gifted more than 7,000 Bitcoin in 2011, in which year the digital currency opened at just 30 cents per coin.
He stored his cryptocurrency in a digital wallet and kept the private key (which gives the owner access to the funds) in an encrypted USB drive, known…
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