They hack time, 3 million dollars in bitcoins recovered

They hack time, 3 million dollars in bitcoins recovered
They hack time, 3 million dollars in bitcoins recovered

Michael (not his real name) can thank Joe Grand and his friend Bruno. Thanks to these two hackers, he was able to get his hands on a password that he thought he had lost forever since 2013 and which is now worth a fortune: 3 million dollars in bitcoin! At the time, this anonymous European was among the first to invest in this cryptocurrency, then little known to the general public. He acquired 43 bitcoins for more than $4,000, which he secured in a virtual wallet protected by a password. For added security, this sesame was stored in an encrypted file using TrueCrypt software, reports Wired.

But unluckily, Michael one day realized that the file in question had been corrupted and found himself unable to recover the password. Frustrated at no longer being able to access his cryptocurrencies, which, with the increase in the price of bitcoin over the years, increased in value and ended up exceeding a million dollars, the unfortunate investor called in 2023 to help Joe Grand to try to recover his password. The renowned hacker had already helped other people recover blocked cryptocurrencies in the past.

Consisting of 20 characters, Michael’s password was created using the RoboForm password manager. It was by analyzing the code of this 2013 version of the software that the hacker and his friend found a flaw. They realized that password generation was not as random as its publisher claimed. The software used the computer’s date and time to generate random passwords, as explained in a video published Tuesday on YouTube. The two experts therefore began researching the exact moment of the creation of the famous sesame. By performing multiple trials with different time settings, tricking the RoboForm software into thinking it was working in 2013, and excluding special characters, they finally found the right combination. It was May 15, 2013 at 6:10 p.m. and 40 seconds (Swiss time). Not remembering the exact date, Michael initially gave a range of March 1 to April 20, 2013, before changing their search parameters.

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