After a decade, the lost password to a wallet containing 43.6 BTC, valued at approximately $3 million today, has been found. The recovery was accomplished by two expert hackers. The wallet owner, identified only as Michael, set up his wallet in 2013 using RoboForm to create a secure password. Due to security concerns, Michael stored the password in an encrypted file rather than on RoboForm. Unfortunately, the encrypted file later became corrupted, rendering the 20-character password, and thus the 43.6 BTC, inaccessible.
According to a YouTube video, in 2022, Michael sought help from hacker Joe Grand, who was known for recovering lost Bitcoins. Grand teamed up with a colleague named Bruno, and together, they discovered a vulnerability in RoboForm’s password generator. This flaw, which was fixed in 2015, allowed them to recreate passwords based on the date and time they were generated. By cross-referencing the wallet’s Bitcoin transfer date, April 13, 2013, they successfully tried numerous passwords until they found the correct one.
After regaining access, Grand and Bruno took a portion of the Bitcoins as their fee, and Michael sold some for himself. He now retains approximately $2 million worth of Bitcoin and plans to hold until its value reaches $100,000.
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