They exploited a previous vulnerability in the password manager the man used until they found the right one.
Two researchers helped a man find the lost password to his cryptocurrency wallet containing 43.6 BTC, valued at nearly $2.96 million at currency prices.
An anonymous man, dubbed Michael, had set up a cryptocurrency wallet sometime in 2013 and then used RoboForm to create its unique password. Michael held the password in an encrypted file, opting not to store it with RoboForm due to security concerns. In 2022, Michael contacted Grand for help. Grand tapped a friend named Bruno to assist with cracking RoboForm's software.
Though Michael didn't exactly remember when he had created his password, the researchers noted that he moved bitcoin into his wallet on April 13, 2013. Using specific time parameters, they tested numerous passwords until they found the correct one, which had been created on May 15, 2013.
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