May 1, 2025
Blockchain

How was the forgotten password of the USB memory containing 7.5 billion lira worth of Bitcoin cracked? We explain it in all the details!

  • June 1, 2024
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To ensure the security of digital assets We use different methods, but Sometimes these methods can backfire. This is exactly what happened to Stefan Thomas! Thomas is worth

How was the forgotten password of the USB memory containing 7.5 billion lira worth of Bitcoin cracked?  We explain it in all the details!

To ensure the security of digital assets We use different methods, but Sometimes these methods can backfire. This is exactly what happened to Stefan Thomas!

Thomas is worth millions of dollars Lost password of USB memory with Bitcoin and this put him in a difficult situation.

It all started with a message from a hacker.

Non-Encrypted Team and IronKey

Stefan Thomas, He had lost the password to an encrypted USB stick containing 7,002 Bitcoins. In late September, a hacker who asked to be identified as Tom Smith sent Thomas a meaningless message that read “reset the tension.”

The message appears on Thomas’ IronKey S200. They managed to crack the password of the USB memory stick. It was proof.

Smith and the Unciphered team, They had developed a secret method to decrypt Thomas’ USB stick.

IronKey reminders fail after 10 wrong guesses Designed to permanently delete content However, the Unciphered team managed to bypass this security measure and crack the password.

How did the process go?

Non-coded laboratory

Non-coded team, Thomas To improve the ability to crack USB memory It worked for about eight months.

In this process To find IronKey vulnerabilities They scanned the USB memory stick and used various methods to decipher the cryptographic structures within it.

The team found a number of IronKey manufacturers Realized it left security holes and they started deciphering the code using these vulnerabilities.

Sensitive using laser cutting tools and chemical solutions They managed to open the chip that contained cryptographic secrets in the USB memory.

What happened as a result?

The Unciphered team has successfully completed all the steps required to crack the password to Thomas’ USB drive. However Thomas did not want to accept help.

Another He made a deal with two password cracking teams. Thomas politely declined the Unciphered team’s offer.

However, Thomas’ wealth earned in other projects and his indifference towards this situation could be the reason why Bitcoins remain unencrypted. can cause it to remain inaccessible forever. As a result, the fate of Bitcoins worth 7.5 billion lira is still uncertain.

Sources: Wired, Popular Science

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