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Millions in Bitcoin inaccessible due to lost password

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Some cryptocurrency holders have the equivalent of millions of dollars, but they can no longer access their account online People who own bitcoins a

 Bitcoin: They forget their password and risk losing millions of dollars


Some cryptocurrency holders have the equivalent of millions of dollars, but they can no longer access their account online


People who own bitcoins are reportedly having difficulty accessing their account because they cannot remember their password. Some of the sums owned would exceed several million dollars, but their acquirers - who often invested in the cryptocurrency before it took off on the stock market - can no longer consult their account online, reports the New York Times.


The problem is significant since only a holder can have access to it with his identification key, since it is not kept on any platform. For some of them, it is therefore impossible to recover their due, as specified by the American daily .


20% of Bitcoins would be inaccessible


An investor is currently experiencing this misadventure since he would have nearly 220 million dollars (or about 180 million euros) in bitcoin equivalent. The New York Times details that he has already tried eight times - out of a total of ten - to identify himself, in vain.


Nearly 140 billion dollars (approximately 115 billion euros) in virtual currency are currently held by individuals in lost or blocked accounts. This amount represents a loss of 20% of the existing 18.5 million bitcoins.


COMMENTS

BLOGGER: 25
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    1. How I recouped stolen crypto currency coins and tokens from scam hackers on telegram: People all over the world are hearing about the fast profits early investors are making on Bitcoin and other coins and want to join the party and make a fast profit. But be sure, where big money is, there are also companies that are abusing and taking advantage of this situation. Such was my situation, I had a fake telegram group admin contact me and gave me a phishing link in which my 12 recovery phrase was compromised. These evil persons gained access to my cryptowallet and stole all my coins and tokens worth over $ 230,000. I was in great despair due to this situation, I was confused till a group member on the telegram referred me to REMOTESPYTECH @ GMAIL . COM . This recovery agent is really God sent. After relating all of my predicaments, details of incidence and necessary requirements for my recovery program, it took them less than a week to track and recover all of my tokens and coins back, they helped me hack the perpetrators wallet and all of my coins were returned to me. I am so amazed, joyous and appreciative. I don't know what I would do without this specialist. They specialize in chargeback disputes and their team knows how to identify these types of scams. If you invested in Crypto and believe you have been scammed contact their experts today and they will help you recover your losses. Contact: REMOTESPYTECH@GMAIL.COM or TEXT/ CALL :+1 435 287 4596

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  7. I was impatient to carry out necessary research but I really wanted to jump on the crypto trading and investment buzz. Unfortunately for me, I invested 75,700 GBP worth of bitcoin with a fraudulent company. I was happy to watch my account grow to 214,575 GBP within a couple of weeks. But I didn’t realize I was dealing with a scam company, until I tried to make an attempt to withdraw. I made a withdrawal request, and noticed my account was suddenly blocked for no apparent reason. I tried contacting customer support, but all to no avail. I needed my money back at all cost, because I could not afford to let it go. So I tried all possible means to make sure I recovered my scammed bitcoin. I did a lot of online search for help, and tried to see if there were other people who had any similar experience. I stumbled upon a cryptocurrency forum were a couple of people mentioned that they had been through the same process but were able to recover their lost cryptocurrency, funds with the help of Remotespytech . So I file a report on Remotespytech(via) gmail{}com and he was able to help me get back all my lost funds withing 2 weeks I feel indebted to him. Apart from trying to express my gratitude to them once again using this medium, I will recommend anybody who wants to recover scammed bitcoin, stolen cryptocurrency, funds lost to binary options forex, investment and any other form of online scam to reach out to Remotespytech

    Email: REMOTESPYTECH (@) GMAILCOM

    Whatsapp: +13523543740

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Flash News: Millions in Bitcoin inaccessible due to lost password
Millions in Bitcoin inaccessible due to lost password
Some cryptocurrency holders have the equivalent of millions of dollars, but they can no longer access their account online People who own bitcoins a
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Flash News
https://www.flashnewspk.com/2021/01/millions-in-bitcoin-inaccessible-due-to.html
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