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  3. Digital exchange loses $137 million as founder takes passwords to the grave

Digital exchange loses $137 million as founder takes passwords to the grave

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  • abmvA abmv

    https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

    Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

    P Offline
    P Offline
    PIEBALDconsult
    wrote on last edited by
    #4

    Try "JOSHUA".

    J 1 Reply Last reply
    0
    • abmvA abmv

      https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

      Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

      M Offline
      M Offline
      Mark_Wallace
      wrote on last edited by
      #5

      So, what do we learn from this? 0. Passwords work. 1. Encryption works. And what should we have learned? 0, A laptop is a really bad place to store important stuff. 1. If you decide to use cryptocurrency to try to get rich quick, you can end up poorer than you were a damned sight quicker. 2. Multi-factor authentication isn't worth the breath that's wasted on it (US corporations don't demand your phone number for your benefit).

      I wanna be a eunuchs developer! Pass me a bread knife!

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      • abmvA abmv

        https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

        Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

        L Offline
        L Offline
        Lost User
        wrote on last edited by
        #6

        They owe money and they can't find their password. Oh dear how sad. Is the Missing Crypto From QuadrigaCX’s $150 Million Disaster On the Move? Experts Weigh-in[^]

        Peter Wasser "The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell

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        • abmvA abmv

          https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

          Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

          J Offline
          J Offline
          Jim Meadors
          wrote on last edited by
          #7

          Has anyone checked the Post-It stuck to his monitor? ;P

          <sig notetoself="think of a better signature"> <first>Jim</first> <last>Meadors</last> </sig>

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          • abmvA abmv

            https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

            Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

            G Offline
            G Offline
            GuyThiebaut
            wrote on last edited by
            #8

            Did they try password123 ?

            “That which can be asserted without evidence, can be dismissed without evidence.”

            ― Christopher Hitchens

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            • P PIEBALDconsult

              Try "JOSHUA".

              J Offline
              J Offline
              jackbrownii
              wrote on last edited by
              #9

              Okay, I'm old enough to get that one.

              M 1 Reply Last reply
              0
              • abmvA abmv

                https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ no backups...

                Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

                N Offline
                N Offline
                Nand32
                wrote on last edited by
                #10

                Let's preserve his brain. Someday a transplant can yield 137 million*. *Rates based on the year/time of the transplant.

                M 1 Reply Last reply
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                • J jackbrownii

                  Okay, I'm old enough to get that one.

                  M Offline
                  M Offline
                  MacSpudster
                  wrote on last edited by
                  #11

                  Bemoaningly, so am I...

                  The best way to improve Windows is run it on a Mac. The best way to bring a Mac to its knees is to run Windows on it. ~ my brother Jeff

                  C 1 Reply Last reply
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                  • N Nand32

                    Let's preserve his brain. Someday a transplant can yield 137 million*. *Rates based on the year/time of the transplant.

                    M Offline
                    M Offline
                    MacSpudster
                    wrote on last edited by
                    #12

                    More with interest!

                    The best way to improve Windows is run it on a Mac. The best way to bring a Mac to its knees is to run Windows on it. ~ my brother Jeff

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                    • M MacSpudster

                      Bemoaningly, so am I...

                      The best way to improve Windows is run it on a Mac. The best way to bring a Mac to its knees is to run Windows on it. ~ my brother Jeff

                      C Offline
                      C Offline
                      CodeWraith
                      wrote on last edited by
                      #13

                      Oversized item, additional postage required.[^]

                      I have lived with several Zen masters - all of them were cats. His last invention was an evil Lasagna. It didn't kill anyone, and it actually tasted pretty good.

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