- Unciphered “cracked the code” to easily access locked BTCs stored in an encrypted IronKey USB model.
- Unciphered reached out to Stefan Thomas who could not access his 7,002 Bitcoins as he lost his password.
- Thomas rejected their offer as he had already made a deal with two other crypto recovery organizations.
Currently, one of the underlying issues faced in the modern world is that several BTCs are locked up because users have forgotten their passphrase or seed phrase! Seeing this as a crucial issue, several crypto recovery solution providers have lined up to help users access their inaccessible BTCs.
As reported by WIRED, one such organization called Unciphered, a Seattle-based startup lab, had apparently “cracked the code” to easily access locked BTCs stored in an encrypted IronKey USB model. Moreover, Unciphered even reached out to Stefan Thomas, an open-source developer, who could not access his 7,002 Bitcoins as he lost his password.
However, Thomas rejected their offer as he had already made a deal with two other crypto recovery organizations. The open-source developer had also offered a portion of the proceeds if either of the teams could u…
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