Security· ★★· neutral·

Dutchman recovers forgotten 2013 bitcoin with AI help

  • —Heuts bought 0.05 BTC in 2013; the leftover was worth about €35 at his entry price
  • —He lost access in 2020 and considered the coins gone
  • —The AI script tested nearly 100,000 passwords per second on his own Mac
  • —After 1.8 billion attempts he regained access; the BTC had been untouched since January 2014
Why it matters: The case shows AI can ease recovery of forgotten passwords for old wallets, though it does not break the Bitcoin network itself.
Source: Crypto Insiders