Man Could Lose $240 Million Bitcoin Fortune Because He Lost His Password


Credit: Getty Images

Credit: Getty Images

A San Francisco man has amassed a Bitcoin fortune worth over $240 million - if only he could remember his password.

Programmer Stefan Thomas has the Bitcoin stored on a hard drive 'digital wallet'. But he lost the password years ago, and has already used 8 of his 10 login attempts before the hard drive seizes up permanently.

Thomas told the New York Times that he "would just lay in bed and think about it".

Apparently as much as 20% of the world's Bitcoin holdings are inaccessible due to lost passwords.