Hacker cracks lost crypto wallet worth 1.78 million euros

A hacker set to work on behalf of the owner of a lost and richly filled crypto wallet. Successfully.

Having a cryptocurrency wallet comes with a certain responsibility. After all, you are the bank. If you lose the key or any other way to access your wallet, you’re out of luck. In general, you cannot rely on anyone for compensation, it is in your own hands. An owner of such a wallet had indeed lost access and was at a loss. A hacker was hired, according to The Verge story.

The hacker was instructed to unlock the wallet. Easier said than done. The owner had lost the password years ago. But over the years, the contents of the crypto wallet had become worth more than a million euros. In short, take the trouble to access the digital wallet..

It all started four years ago. The man bought a huge amount of Theta tokens for $ 50,000 worth of Bitcoin value. They were worth very little at the time. The tokens were kept in a Trezor hardware wallet. And here it comes. The password to this wallet has been lost. The owner was given 16 attempts to access the wallet, but gave up on 12 attempts. A hacker was hired for the remaining attempts.

The hacker also managed to gain access. The content of the wallet has increased to about 1.78 million euros. The entire process is documented in a YouTube video, watch below.

Hack crypto wallet