Crypto recovery company, Unciphered, claims they can surpass the 10-try limit to unlock former Ripple CTO wallet, which is holding 7,002 BTC ($244 million).
Stefan Thomas, the former CTO of Ripple, possessed an IronKey hard drive that held 7,002 BTC (currently valued at approximately $244 million). Unfortunately, Thomas forgot the necessary information to access the drive and was left with only two attempts to guess the password.
Offering To Hack Former Ripple CTO Wallet
According to an open letter, Unciphered, a crypto recovery firm, has proposed unlocking a specific IronKey hard drive owned by Stefan Thomas, the former CTO of Ripple. This hard drive contains 7,002 BTC, equivalent to approximately $244 million.
Next, we pored over everything we knew about your device, utilizing expertise from some of the top hardware hackers, crypto mathematicians, and exploit developers in the industry, looking for any sign of weakness. Spoiler alert: we found one. We got in.
“After we had performed this feat the first time, we trained and practiced. We rehearsed. We needed to ensure every aspect of the hack was repeatable. And since then, we have repeated this process thousands of times.”
Unciphered wrote:
Additionally, Unciphered claims to have developed a technique to bypass the security measures of the IronKey hard drive and retrieve the Bitcoin keys that have been securely stored for a long time.
According to Unciphered, a crypto recovery firm, they have successfully unlocked IronKey hard drives multiple times and are confident in their ability to do so again. They are willing to provide demonstrations on multiple samples to instill confidence in their capabilities before proceeding.