Cryptocurrency loss, whether through accidents or the more common use of hacking, has become increasingly prevalent in the current cryptocurrency climate. Case in point is a Swiss man who has tripled the reward he is offering for the return of two cryptocurrency wallets he lost.
Early last month, it was reported that two hardware wallets with over $800,000 worth of cryptocurrencies had been lost in an unfortunate accident.
A Swiss man, Thomas T., was in the city of Lucerne doing some shopping. He was carrying two hardware wallets, which are normally kept safe in a highly secure bank safe. However, he decided to withdraw the wallets from the bank to make some transactions.
He gave a statement to 20Mins, a media outlet, where he says:
I only take them out twice a year. But on April 9th, I wanted to make some transactions.
Normally, the loss of these devices would not be a problem as cryptocurrency hardware wallet manufacturers created backup systems in the event of an item’s loss. However, Thomas T. claims that he does not have access to the required codes which would allow him to regain his funds.
So How Did This Happen?
After doing some shopping in Lucerne, he realized that he had misplaced his bag which contained his valuable hardware wallets. He does not know if he left the bag sitting somewhere or left it in his car (which he presumably left unlocked). In addition to the two hardware wallets, a Keepkey and a Ledger Nano S, his bag also contained his Acer Aspire laptop.
Source/More: Reward Tripled for Lost Cryptocurrency Wallets Containing $800K – Bitcoinist.com