🟡 Lost hundreds of millions in Bitcoin — TOP-10 most expensive mistakes
Holding BTC is not just "buy and forget". Forget the seed phrase — you forget your millions as well. Here are the most famous cases where people permanently lost access to their crypto:
James Howells — threw away a disk with 8,000 BTC (~$750 million)
Stefan Thomas — forgot the password for IronKey with 7,002 BTC (~$660 million)
Satoshi Nakamoto — 1.1 million BTC (~$100 billion), untouched since 2010
Gabriel Abed — lost a laptop with 800 BTC (~$75 million)
Matthew Mellon — died, leaving 1 billion XRP (~$500 million) inaccessible
Gerald Cotten — died, taking with him the passwords to $190 million in BTC and ETH
Bradley Birn — forgot the password for 1,400 BTC (~$130 million)
Mark Frauenfelder — his daughter reset a wallet with 7 BTC, but he was lucky — it was possible to recover
Michael Komardin — deleted 1,000 BTC while updating the OS
Alex Miller — did not pay the hackers and lost 500 BTC forever
Each story is a reminder: there is no "forgot password" button in crypto.
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