{"id":86211,"date":"2023-10-26T10:08:27","date_gmt":"2023-10-26T07:08:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86211"},"modified":"2025-09-13T04:06:27","modified_gmt":"2025-09-13T01:06:27","slug":"unciphered-proposes-to-crack-the-ripple-ex-ctos-wallet-containing-7002-btc","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/unciphered-proposes-to-crack-the-ripple-ex-ctos-wallet-containing-7002-btc\/","title":{"rendered":"Unciphered proposes to crack the Ripple ex-CTO\u2019s wallet containing 7,002 BTC"},"content":{"rendered":"<p>The digital-asset recovery firm Unciphered, in an <a href=\\\"https:\/\/www.unciphered.com\/blog\/openlettertostefanthomas\\\">open letter<\/a>, proposed unlocking the wallet belonging to former Ripple chief technology officer Stefan Thomas. It holds 7,002 BTC (about $244 million at the time of writing).<\/p>\n<p>In 2021, Thomas <a href=\"https:\/\/u1f987.com\/en\/news\/former-ripple-cto-stefan-thomas-reveals-loss-of-access-to-7002-btc-wallet\">told<\/a> of losing access to the address. According to the programmer, he lost the password sheet for the IronKey hardware wallet several years ago \u2014 there are only two password attempts remaining.<\/p>\n<p>According to Unciphered, the firm\u2019s staff developed a method to crack the hardware and access the Bitcoin keys. The technology journal Wired <a href=\\\"https:\/\/www.wired.com\/story\/unciphered-ironkey-password-cracking-bitcoin\/\\\">\u0441\u043e\u043e\u0431\u0449\u0438\u043b<\/a> that the company was able to access data on a similar IronKey after \u201c200 trillion attempts\u201d to bypass the limit on the number of incorrect passwords.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;Hacking secured hardware is difficult. Hacking a device that meets the requirements of FIPS-140-2 Level 3 (for example, your IronKey) borders on impossible,&#8221; the company said.<\/p>\n<\/blockquote>\n<p>Nevertheless, Unciphered asserted that it could crack the wallet of the former Ripple CTO, and pledged to provide evidence of the process.<\/p>\n<p>Earlier in January 2021, a Reddit user <a href=\"https:\/\/u1f987.com\/en\/news\/user-regains-access-to-4-million-worth-of-bitcoin\">restored<\/a> access to a wallet with 127 BTC that had been lost for several years.<\/p>\n<p>Later it emerged that a resident of South Africa <a href=\"https:\/\/u1f987.com\/en\/news\/south-african-loses-bitcoins-worth-nearly-1-million\">lost<\/a> access to a wallet mined 10 years ago with 20 BTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital-asset recovery firm Unciphered, in an open letter, proposed unlocking the wallet belonging to former Ripple CTO Stefan Thomas. It holds 7,002 BTC (about $244 million at the time of writing).<\/p>\n","protected":false},"author":1,"featured_media":86212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[57],"class_list":["post-86211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86211"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86211\/revisions"}],"predecessor-version":[{"id":86213,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86211\/revisions\/86213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86212"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}