A User Found Lost Bitcoins Worth $4.2 Million

A User Found Lost Bitcoins Worth $4.2 Million

A User Found Lost Bitcoins Worth $4.2 Million

The student said that he found a key to a wallet on an old computer that contained 127 BTC. He received this cryptocurrency in 2011 for completing simple tasks.

A Reddit user under the pseudonym BitcoinHolderThankU said that he regained access to the Bitcoin wallet, which he lost in 2011, having forgotten about it. BitcoinHolderThankU is known to be a student. Arriving to visit relatives for the Christmas holidays, he found on an old computer a digital key to a wallet that contained 127 BTC. Later, BitcoinHolderThankU sold the cryptocurrency, earning $4.2 million.

BitcoinHolderThankU said that he never bought Bitcoins. He earned them in 2011 by completing surveys and other tasks to buy items in a computer game. At that time, it was possible to get cryptocurrency for free, for example, for passing a captcha. Such actions were carried out by various sites and projects to popularize digital assets and attract new users.

BitcoinHolderThankU clarified that he sold the Bitcoins in early January at a rate of $34,000 per coin. He attached a photo with a wallet whose balance exceeds $4.2 million. The user noted that he could have made $1 million more if he had waited several days to sell the coins, as the price of BTC rose to $42 thousand.