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Researchers crack 11-year-old password, recover $3 million in bitcoin

Researchers crack 11-year-old password, recover $3 million in bitcoin

image via Ars Technica

May 29, 2024, 3:42 PM

  • In 2022, Joe Grand helped a crypto wallet owner recover access to $2 million in cryptocurrency he thought he’d lost forever after forgetting the PIN to his Trezor wallet.
  • Grand is an electrical engineer who began hacking computing hardware at age 10 and in 2008 cohosted the Discovery Channel’s Prototype This show.
  • Michael stored his cryptocurrency in a software-based wallet, which meant none of Grand’s hardware skills were relevant this time.

Michael, an owner of cryptocurrency, contacted Joe Grand to help recover access to about $2 million worth of bitcoin he stored in encrypted format on his computer. Grand turned him down. But last June Michael approached Grand again, hoping to convince him to help, and this time Grand agreed to give it a try.

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Entities Mentioned

Joe GrandMichaelBruno

Topics Covered

Biz & ITcryptocurrencyhackingpasswordssyndication

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