btc owner lost his wallet password he says he has 'made peace' with potential $220 million loss

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2 years ago

German-born programmer Stefan Thomas  made headlines this week after a lost password rendered his bitcoin stash worth $220 million inaccessible. 

the secure hard drive, on which 7,002 bitcoins were stored, was an IronKey device. It gives owners 10 chances to guess their password before encrypting the contents. Thomas only had two attempts left to guess correctly before this situation occurred.

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