Crypto Recovery Firm Offers to Unlock Hard Drive Containing 7,000 Bitcoin

Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin (BTC) that he has been unable to access for years. In a Wednesday open letter, Unciphered proposed to unlock Thomas’ IronKey hard drive, which holds 7,002 BTC, equivalent to approximately $244 million at the time of writing. Thomas, a German-born programmer, had forgotten the password required to access the drive, which is designed to erase its data after ten incorrect attempts. As of now, he only has two more attempts. Unciphered claims to have developed a method to crack the hardware and securely retrieve the BTC keys that have been stored on the drive for years.

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