Two cybersecurity researchers, Joe Grand, and Bruno, helped a man named Michael recover 43.6 bitcoins that he lost 11 years ago. The reason why this story caught my attention is because it demonstrates the collaboration between technology and resilience that can resolve even the most difficult challenges.
source
Back in 2013, Michael had created his Bitcoin wallet using RoboForm software to produce a unique password for him. Instead of keeping the secret key directly on RoboForm, however, he saved it in an encrypted file to enhance security. Unfortunately, that file was corrupted and he lost access to his wallet as well as the bitcoins inside.
Time passed by but there seemed no way Michael could have his bitcoins back. In 2022, he asked Joe Grand for assistance but he refused initially. Yet later in June 2023 Michael did not lose hope and contacted Joe once again. It was during this time that Joe and Bruno took up the challenge.
They found out that a random number generator used by RoboForm had been flawed which was the solution to this problem. For each password generated by RoboForm, it copied down every created date-time stamp along with its creation user machine chronological seconds based upon vulnerability which they discovered about it; in case bugs have ever been fixed within earlier than 15 years then anyone whom their previous passwords were prior should now resolve their puzzles using that previous dates alone. Michael had to know when he made up the password because, he remembered transferring those bitcoins into his wallet on April 13th 2013
From these records, Joe and Bruno were able to reduce the number of possible passwords. They had to test out hundreds of combinations before they could find the correct one (May 15, 2013). The two of them opened the wallet and found out that all the bitcoins owed by Michael remained there.
In appreciation for their efforts, Michael gave Joe and Bruno some part of the retrieved bitcoins as a token of gratitude. At that time, each bitcoin was worth about $38,000. When it hit $62k in price per Bitcoin, he sold off some which made him good money. Now he is still keeping thirty Bitcoins that are worth around $2 million until he can sell them at $100k for every Bitcoin.
This is a real story that well illustrates why good password management is important and how even the most impenetrable security measures may fail sometimes. Additionally, it demonstrates the ultimate value of persistence as well as technical know-how. It intrigues me how Joe and Bruno resolved what seemed unsolvable and returned Michael’s lost wealth to him again. This is an inspiring story indeed; a tale of determination and skill with a great lesson on never giving up.
Posted Using InLeo Alpha
Like 6 years ago i lose a computer with info of a wallet of btc, when rubblos was around. Lol..
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this post is in time for motivational Monday.