Stefan Thomas is a wealthy German programmer who loses $ 240 million due to faulty passwords
Forgetting the password is a normal thing that we go through on a daily basis, but this time a German programmer almost lost a fortune estimated at 240 million dollars because of forgetting the password of his digital wallet that contains coins in the formation of the cipher and reached its value of 240 million dollars.
Stefan Thomas, a German programmer, designed a video clip for the cryptocurrency about 10 years ago and obtained 7 thousand bitcoins, but he did not care much about this matter as the value of one bitcoin did not exceed a few dollars, and he stored it on a hard disk as an electronic wallet and recorded the password on a piece of paper But he lost it and did not know that he would one day return to search for it this much.
Over the years, the value of Bitcoin doubled, reaching the value of one of them about 34 thousand dollars, meaning that the amount obtained by Thomas in the past doubled and became a huge wealth, but he could not open the account due to the loss of the password, according to the New York Times.
Thomas has experimented with entering the passcode 8 times in different forms and unfortunately, his chances are running out, as IronKey allows users to only 10 attempts before he seizes his contents and encrypts them forever.
BitcoinV also can't help, because it doesn't store passwords, but rather it gives individuals who buy its currency a private key for their digital wallet - which only they can access.
For his part, the former head of security at Facebook, Alex Stamos, posted a tweet on his Twitter account, offering his services to Thomas for 10 percent of the amount.
