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A Bitcoin owner has revealed he only has two guesses left to unlock more than $220m in cryptocurrency after eight failed attempts to access his fortune.

Stefan Thomas, a German-born computer programmer based in San Francisco, was given 7,002 Bitcoins more than ten years ago as a reward for recording a video explaining how the cryptocurrency works.

At the time, the Bitcoins were worth between $2 to $6 each.

With the price of Bitcoin rising rapidly during the coronavirus pandemic, those Bitcoins are now worth around $34,000 each, putting the value of the total fortune at more than $220 million.

Unfortunately for Mr Thomas, he kept the password to accessing the digital wallet holding the Bitcoin on a piece of paper – which he lost years ago.


Read the full story in The Telegraph here