User found wallet password containing 3 million USD Bitcoin $BTC

Recently, two researchers helped a man find the lost password of a cryptocurrency wallet containing 43.6 BTC, worth nearly $2.96 million at current prices.

One of the two researchers is Joe Grand, a hardware hacker famous for his work recovering lost Bitcoins in Trezor wallets. In the video, Grand explains that he and his associates exploited a long-fixed vulnerability in the RoboForm password generation software to access this wallet.

The unnamed man, known only as Michael, set up the crypto wallet in 2013 and used RoboForm to generate the password for the wallet. Michael saved the password in an encrypted file and did not store it with RoboForm due to security concerns.

However, the encryption file was later corrupted, causing Michael to lose the 20-character password needed to access his wallet containing 43.6 BTC.