
Rare $10M Casascius Bitcoin Bar Cracked Open After 13 Years, But Owner Loses It In Minutes
In a shocking turn of events, the owner of a rare $10 million Casascius Bitcoin bar has lost part of their potential profit after cracking open the vault after 13 years. The event is sending shockwaves through the cryptocurrency community.
The story began when the owner decided to unseal the bar’s mini-key hologram and move the coins into new wallets, but unfortunately, this decision had catastrophic consequences. By posting the mini-seed on Bitcointalk forum, the owner inadvertently alerted others to their vast fortune. In a swift move, someone managed to sweep 100 Bitcoin Cash (BCH) worth over $50,000 and other forked coins from the original address.
The unfortunate incident serves as a stark reminder of the importance of maintaining secrecy around private keys, especially when dealing with massive sums of cryptocurrency. The incident has left many in the community wondering why the owner didn’t keep their keys private, allowing them to enjoy their windfall without interference.
As it stands, this story is expected to send ripples through the community, serving as a harsh warning about the dangers of sharing sensitive information and neglecting security measures.
Source: coinpedia.org