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New York : Forgot your account password and could lose $ 240 million in Bitcoins

New York :

Forgot your account password and could lose $ 240 million in Bitcoins

Thomas has 7,002 Bitcoin cryptocurrencies, which is equal to the hundreds of millions of dollars.

Photo: MichaelWuensch / Pixabay

A programmer from San Francisco by name Stefan Thomas cannot remember a password to enter an account where he has $ 240 million in Bitcoin.

Thomas has a hard drive called the IronKey that contains the keys to a digital wallet containing 7,002 Bitcoin cryptocurrencies, which is equivalent to $ 242,546,164.27.

However, so far Thomas cannot remember the password and only has two more chances to enter the correct one, as IronKey only allows users to make 10 attempts to access their accounts.

The forgetful man says that years ago he lost the paper where he had written the password, and that he already tried eight of his most used passwords without succeeding.

I would lie on the bed and think about it. So, I went to the computer with a new strategy, and it didn’t work and I was desperate againThomas said, as reported by Fox40.

It is estimated that 20% of the Bitcoins that are currently in the world are in lost or inaccessible wallets. And this equates to about $ 140 billion.

As of today, one Bitcoin is worth more than $ 34,600.

It should be noted that on Monday, the cryptocurrency fell more than 10% from the previous day, although its value had risen more than 300% in the last 12 months.

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