WE’VE all thrown out stuff we didn’t mean to, but this guy accidentally threw out his outrageous fortune. Oops.
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A Bitcoin is worth just under $10,000. Picture: AFP / Jack guezSource:AFP AFTER Matthew Mellon, scion of the Mellon banking fortune, died on April 16 of a drug-related heart attack in Mexico, his family was unable to locate the pass code needed to retrieve his fortune — said to have been worth as much as $1 billion — in XRP cryptocurrency, according to the Daily Mail.
Losing passwords is the kind of nightmare that haunts bitcoin investors. In fact, there are an estimated three million bitcoins — totalling nearly $33 billion — lost because the retrieval codes have gone missing or the currency owners died without passing the codes onto their next of kin.
Just ask James Howells — who lost a hard drive with the key to more than $79 million in bitcoin. “I mined more than 7500 coins over one week’s time in 2009; there were just six of us doing it at the time, and it was like the early days of a gold rush,” said the IT worker turned crypto investor, 32, who lives in Newport, Wales. Read more from news.com.au…
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