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Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin – CoinDesk – CoinDesk

Just call it Schrödinger’s bitcoin.

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The former chief technology officer of a prominent blockchain company has forgotten the password to a fortune in bitcoin.

  • Almost a decade ago, Stefan Thomas, the former CTO at blockchain company Ripple Labs, was given 7,002 bitcoins worth $2-$6 each for making a cryptocurrency explainer video, reports the New York Times.
  • The bitcoin had been stashed away in a digital wallet and Thomas has used eight of his most frequently used passwords in an attempt access his IronKey hard drive and his now multimillion-dollar…

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