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White hacker who tried to save millions of lost dollars received only $ 64
Joe Grand, a computer engineer and hacker known to many for recovering cryptocurrency from hard-to-recover places (such as locked phones), hacked into a phone only to find $ 64.
Grand traveled from Portland to Seattle to potentially recover «millions of dollars» in bitcoin (BTC) from a Samsung Galaxy SIII phone belonging to a local bus operator. The company inexplicably acquired the BTC in July 2016 by paying a person in a café in cash and storing the cryptocurrency in a wallet on the phone. Access to the wallet was subsequently lost.
After some microprocessing, loading the memory, and discovering Samsung’s access pattern, the hacker regained access to the MyCelium wallet and found only 0.300 861 BTC, which is now $ 64.
It was not disclosed how much the wallet hack cost the hacker.