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White hat hacker attempts to recover ‘millions’ in lost Bitcoin, finds only $105



Joe Grand, a pc engineer and {hardware} hacker identified by many for recovering crypto from hard-to-reach locations, spent hours breaking right into a cellphone only to discover a fraction of a Bitcoin.

In a YouTube video launched on Thursday, Grand traveled from Portland to Seattle in an effort to doubtlessly recover “millions of dollars” in Bitcoin (BTC) from a Samsung Galaxy SIII cellphone owned by Lavar, a neighborhood bus operator. Lavar initially bought the BTC in July 2016 in a “super sketchy” method, paying an individual at a restaurant and storing the crypto in a pockets on the cellphone earlier than placing it in storage and dropping monitor of the system.

After discovering the cellphone in 2021, Lavar couldn’t recall the swipe password, however remembered organising the choice of erasing the info if too many incorrect attempts had been made. He and a buddy related with Grand after discovering his YouTube movies, permitting the white hat hacker to make a number of attempts to get into the cellphone’s reminiscence and recover the crypto.

Following some micro soldering, downloading the reminiscence and discovering the Samsung’s swipe sample for entry — which turned out to be the letter “L” — Lavar opened his MyCelium Bitcoin pockets and found only 0.00300861 BTC — value $105 USD on the time, down to roughly $63 USD on the time of publication. Grand was later in a position to decide the bus operator bought $400 value of BTC in 2016, most of which went to a crypto mixing service known as BitBlender, which was shut down in 2019.

“I’m a little devastated,” stated Lavar. “We didn’t make money, but we definitely made new friends.”

Associated: Engineer hacks Trezor pockets, recovers $2M in ‘lost’ crypto

Many crypto customers have been locked out of their wallets or in any other case lost entry to bodily gadgets holding BTC over time — one of the vital well-known examples being a Welsh man who in 2013 threw out a tough drive containing 7,500 Bitcoins, now value greater than $150 million. Nevertheless, many hackers and engineers specializing in crypto restoration providers have appeared in response.

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