Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive By Cointelegraph

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© Reuters

A company is petitioning former chief technology officer Stefan Thomas for a hard drive containing more than 7,000 (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.