Man recovers $3 million in Bitcoin after forgetting his password in 2013.
In 2013, a man known as "Michael" acquired 43.6 bitcoins, valued at that time at approximately $5,300. To protect his investment, he generated a 20-character password using RoboForm software and stored it in an encrypted file with TrueCrypt. Unfortunately, the file became corrupted, leaving him without access to his funds.
As the value of $BTC aumentaba increased, Michael faced the loss of a fortune. In 2022, he decided to contact security expert Joe Grand, known for recovering access to lost cryptocurrencies. Grand and his team analyzed the problem and, after several attempts, managed to recreate the original password by adjusting the system time to when it was generated in 2013. They finally accessed Michael's wallet, recovering his 43.6 bitcoins, valued at approximately $3 million at that time.
This case highlights the importance of properly managing passwords and backups in the world of cryptocurrencies, where forgetting a key can mean the loss of a fortune.
