CryptoRecovery firm offers to crack former Ripple CTO's $244M hard drive

Recovery firm offers to crack former Ripple CTO’s $244M hard drive

A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years.

In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging to Thomas containing 7,002 BTC — roughly $244 million at the time of publication. The former Ripple CTO forgot the information to access the drive, designed to erase its data if an individual enters the incorrect password ten times. So far, the German-born programmer has used eight out of his ten attempts.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Binance CEO Calls SEC Lawsuit Drop a “Sea Change” for U.S. Crypto Future

In a recent interview with TheStreet Roundtable, Binance CEO...

Shiba Inu’s Supply Metrics Signal Bullish Outlook Despite Ongoing Price Pressure

Shiba Inu (SHIB), the second-largest meme cryptocurrency by market...

Bitcoin Holds Steady Amid Middle East Tensions as Bybit Unveils Solana DEX

As Asian markets open the week, Bitcoin (BTC) is...

What is Analysis in Crypto: A Full Guide

Cryptocurrency analysis is the process of evaluating digital assets...

Cardano Drops Over 10%, Marking Largest Daily Loss Since April

Cardano plunged 10.76% on Friday, falling to $0.6236 by...

Litecoin Sees Sharpest Daily Drop Since April as Crypto Market Declines

Litecoin plummeted 10.02% on Friday, falling to $82.41 by...