A forgotten seed phrase just became a billion-dollar lesson đ¨
Estonian financier Rain Lohmus was an early believer in Bitcoin and Ethereum. In the 2015 ETH ICO he invested around $75,000.
đ He later lost the seed phrase from his wallet and at todayâs prices those coins are valued near $1.14B.
Takeaway: self-custody is powerful but unforgiving. Back up seed phrases in multiple secure places âď¸