Crime does not pay

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Should have gotten a safety deposit box or something - from C|Net News:

Drug dealer loses $58M in bitcoin after landlord accidentally throws codes out
Between 2011 and 2012, Clifton Collins bought 6,000 bitcoin using money he earned from growing and selling marijuana, reports The Irish Times. At the time, the cryptocurrency's price varied between $4 and $6. Today it stands at over $9,700. But Collins, who is 49, isn't enjoying any euphoria for the windfall -- because his landlord threw out his bitcoin codes.

The Irish Times reports that Collins was arrested in 2017 for growing and selling marijuana and was subsequently hit with a five-year prison sentence. Following this, his landlord sent many of Collins' possessions to a local dump during the process of clearing out Collins' room. One such item was a fishing rod case, which housed a piece of paper with €53.6 million ($58 million) in bitcoin codes printed onto it.

Whoopsie - the article goes on to mention several other large cryptocurrency losses because of stupid circumstances.

Only backup the stuff that you want to keep. Simple as that...

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This page contains a single entry by DaveH published on February 24, 2020 8:55 AM.

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