- He conducted a thorough investigation after discovering an inactive account with 40,000 ETCs
- After a long search, he did manage to locate the owner, who didn’t even know the wallet existed
- Conor Grogan had done similar things before, He has repeatedly helped restore access to lost funds
Coinbase Product Manager Conor Grogan posted a series of “tweets” on July 5 about how he helped recover $322,000 in cryptocurrency. As it turned out, the owner was not even aware of the existence of these funds.
Grogan explained, after the emergence of Ethereum Classic in 2016, holders of ETH received an identical amount of ETC in the account. Some users are still unaware of the existence of these tools.. In the past, he has more than once helped to recover lost funds. So, for example, in February of this year he found the owner of 23 ETH (almost $39 thousand at that time).
In this case, he traced all the accounts that contained more than $250 thousand worth of ETC.. Conor highlighted 20 of them that had remained inactive for a long time.
He eventually stumbled upon wallet “0x475.”. His attention was drawn to the EOSDAC token. It was handed out in 2018. That’s how he discovered the owner’s EOS account, and then contacted him.</nbsp;
As it turned out, he was a victim of hacking in 2019, so the extra money would be good for him.. As a result, Conor helped return more than 40 thousand ETCs for a total of $322 thousand. And the owner was not even aware of the existence of these funds.
The publication caused a wave of approval among commentators. This kind of thing happens quite rarely, and such good news is lost amid the flood of information about hacking and theft.</nbsp;Recall, yesterday we covered Binance material about "digital hygiene". Exchange experts pointed out that hackers have shifted their focus on ordinary users. In such circumstances, it is extremely important to comply with certain security rules.