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OTCbid - A German programmer has 2 chances to guess his IronKey password or he’ll lose $280m in BTC



" While the Bitcoin price has recorded historic growth – increasing by 92% in a month and about 340% in a year – one investor is locked out of accessing his riches because he forgot his IronKey password.

Stefan Thomas, a German-born programmer in San Francisco, told The New York Times this week that he forgot the password to his IronKey, a secure hard drive with the keys to his wallet with 7,002 Bitcoins, or about $US220 million ($280 million) worth. IronKey gives users 10 guesses to get their password right before encrypting the hard drive’s contents; Thomas has two more tries left.

“I would just lay in bed and think about it,” Thomas told The Times’ Nathaniel Popper. “Then I would go to the computer with some new strategy, and it wouldn’t work, and I would be desperate again.” - Read Full Article


Source: Stockhead





50K+ BTC SELLER IN USA AVAILABLE

-10% Gross, -5% Net, Escrow, USA

Look For Buyer Mandate Only - OTCbid.com


NEW: 50K BTC with R&E @ -10% gross, -5% net, Bank, Escrow, JP Morgan, USA - Look For Buyer

(Seller : GD PS)

Post: 13.1.21

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  • Seller is selling 50K BTC with R&E @ -10% gross, -5% net

  • Buyer = 5%

  • Buyer mandate = 1.25%

  • Seller mandate = 1.25%

  • Buyer intermediaries = 1.25%

  • Seller intermediaries = 1.25%

  • First tranche = 5000 BTC min

  • Subsequent tranches = 5000 BTC per week until contract exhausted

  • PROCEDURE:

  • 1. Buyer provides executed SPA with current passport, Bank Statement or account Screenshot matching buyer or buyer company name/Seller signs SPA with passport/All parties execute seller attorney Trust/Escrow agreement.

  • 2. Buyer transfers funds from his account to seller's escrow/Trust agent

  • 3. Seller Transfers coins from his BTC wallet to his escrow/Trust agent or directly from his wallet to buyer

  • 4. Both parties (escrow/Trust agent and Buyer) confirm the availability of coin and funds to each other

  • 5. Buyer confirms receipt of coins (6 confirmations) to Escrow/Trust Agent.

  • 6. Sellers escrow/Trust agent releases funds to the sellers account and fees to the consultants on both sides.

BUYER MANDATE ONLY

Interested parties should contact :

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