“I’d lie in bed and think about it. Then I’d go to the computer with a new strategy, and it didn’t work, and I’d be desperate again.”lamented in dialogue with The New York Times.
Said money was received by him as payment for a service he offered in Switzerland in 2011. At that time, he did not know the value of this cryptocurrency. The value was barely 5,000 euros, but ten years later and after the popularization of these, the value increased by 44,000%.
Apparently, the story of this man is not the only one in the world of digital assets. Of the 18.5 million Bitcoin in existence, around 20%, currently worth around $140 billion, appear to be in lost or stranded wallets, cryptocurrency data firm Chainalysis has reported.
Regarding the possible solution, Alex Stamos, a professor at Stanford University and former head of cybersecurity at Facebook, explained that for $256 million, several professionals could be hired with multiple IronKeys and work for several months to find a security flaw that allow access to the information contained in the key.
Likewise, the company Wallet Recovery Services helps to find lost digital keys. According to them, around 70 requests a day were received from people who wanted to recover their passwords.
Source: Ambito
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