💥 BREAKING: Hacker Unlocks a Bitcoin Wallet Lost for 12 Years, Worth Over $3 Million
A long-lost Bitcoin wallet containing 43.6 BTC, originally created in 2013, has finally been unlocked after more than a decade.
The wallet belonged to an anonymous individual known as “Michael,” who lost access after forgetting the password generated by an old version of the RoboForm password manager. For years, the funds were considered permanently inaccessible.
$BNB Security researcher Joe Grand (aka “Kingpin”), along with collaborator Bruno, took on the challenge and spent months reverse-engineering a flawed random number generation algorithm used by RoboForm at the time. This vulnerability ultimately allowed them to reconstruct the password.
$ETH Their efforts paid off in late 2023, when the wallet was successfully accessed. As compensation, Grand and Bruno received a percentage of the Bitcoin when BTC was trading around $38,000.
$BTC Michael retained ownership of the remaining funds and later sold a portion when Bitcoin reached approximately $62,000. As of mid-2024, around 30 BTC remain, valued at roughly $3 million at the time of reporting.
This case highlights both the permanence of Bitcoin custody risks and how cryptographic flaws in early software can still surface years later—with life-changing consequences.
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