Connect with us

Business

Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin – CoinDesk – CoinDesk

Just call it Schrödinger’s bitcoin.

Published

on

post featured image
ADVERTISEMENT

The former chief technology officer of a prominent blockchain company has forgotten the password to a fortune in bitcoin.

  • Almost a decade ago, Stefan Thomas, the former CTO at blockchain company Ripple Labs, was given 7,002 bitcoins worth $2-$6 each for making a cryptocurrency explainer video, reports the New York Times.
  • The bitcoin had been stashed away in a digital wallet and Thomas has used eight of his most frequently used passwords in an attempt access his IronKey hard drive and his now multimillion-dollar…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Rebranded ‘NewsNation’ moving Joe Donlon to solo news hour at 6 pm – Robert Feder
post featured image
Goldman Sachs is bullish about a recovery in 2021. Here’s what could go wrong – MarketWatch
post featured image
With more than 100 S&P 500 earnings releases this week, traders say these are the two to watch – CNBC