YouTube hacker tries to salvage ‘millions’ in BTC from smartphone, only finds $105

The computer scientist Joe Grand, who is considered one of the best-known hardware hackers in the world and who has rescued crypto assets from various hardware devices that were thought to be lost several times, was quite amazed when this time, after a great deal of effort, he only got a fraction of a bitcoin has found.

As Grand reveals in a recent YouTube video, he first traveled from Portland to Seattle to salvage “several million dollars” in Bitcoin (BTC) from a Samsung Galaxy SIII owned by coach driver Lavar Sanders. Sanders bought the BTC in question “in a rather dubious way” in July 2016, after which he then stored the crypto funds in a wallet on his smartphone.

In the meantime, the bus driver had already lost the device before he found it again in 2021, but without remembering the access data for the crypto wallet. For this reason, Sanders and a friend reached out to Grand, who often covers similar cases in his YouTube videos.

The white hat hacker agreed to help and, with considerable effort, was able to restore access to the Samsung Galaxy SIII. When Sanders then opened his MyCelium Bitcoin wallet, disappointment followed, because it only contained a measly 0.00300861 BTC, which had an equivalent value of 105 US dollars at the time of recording. At the time of writing, that sum is only worth $63. As Grand was able to find out later, the bus driver had only bought Bitcoin for 400 US dollars in 2016, which was later sent to the mixing service BitBlender, which, however, ceased operations in 2019.

“I’m a little disappointed,” Sanders admits in light of the discovery. But at least he takes the defeat with humor: “We didn’t find any money, but we did find new friends.”

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