This Truck Driver Has 10 Million Dogecoins In Wallet But Can't Access It For Years, KeychainX Steps In!

This truck driver has 10 million Dogecoins (NewsCrypto)

JAKARTA – A retired truck driver is reported to have 10 million Dogecoin (DOGE) stored in a wallet but the digital wallet has been inaccessible for 10 years. His DOGE is worth 3 million US dollars (equivalent to Rp. 43.1 billion).

Luckily, a wallet recovery service company KeychainX helped him and managed to open the wallet. The 10 million Dogecoins can finally be accessed again by the owner after 10 years of not being able to open it.

Launching Cointelegraph, KeychainX said it had been contacted by a retired truck driver who claimed to have purchased Dogecoin in 2015 for $1,500. Currently the money that has been invested into Dogecoin has increased two thousand times. Now his money is worth more than 3 million dollars (Rp 43.1 billion).

At first, KeychainX admitted that it was difficult to open the wallet. The reason is that the former truck driver uses a 12-digit PIN to access his Dogecoin storage. Keychain reveals that unlocking the 12 digit PIN is nearly impossible to crack in a lifetime.

Finally the KeychainX team asked the owner to ask for a number of important numbers including the birthday of the former truck driver. From this the team tried to analyze and encrypt the type of wallet used.

The team worked hard to open the wallet, until they finally realized the most important clue in recovering the digital wallet. The hint is a PIN to access the wallet. At this point they managed to recover the wallet and give access to the owner.

One of the most stressful key moments for the KeychainX team was the process of securely transferring the contents of the wallet. Because DOGE has been in the digital wallet for years and the team thought it would take days to sync.

They had to make sure the number of DOGEs that were transferred could reach the new destination intact. If the keylogger is not installed, the meme's cryptocurrency will likely disappear. The team has to make sure everything runs smoothly.

KeychainX CEO, Robert Rhodin stated that the Dogecoin investor was happy that the team managed to recover his fortune. The retired driver had promised Rhodin to take him for a beer when he returned to town.

“Losing a pin to your wallet isn't bad. If you manage to open it years later, it can be a life-changing sum. This time."

For information, KeychainX is a crypto wallet recovery service company that was released in 2017. They focus on recovering lost cryptocurrencies from digital wallets, hardware and software.

In the last 6 months, KeychainX has managed to recover more than 100 wallets, most of which have handled the recovery of Bitcoin and Ethereum cryptocurrencies that are no longer accessible. In 2013 they managed to return Bitcoin to its owner, then in 2015 they also managed to recover Ethereum in the investor's wallet.

KeychainX revealed that its custom software is a thousand times faster than other devices in recovering wallet keys that are no longer accessible. KeychainX is the only publicly listed company. They argue that the 20 percent of Bitcoins considered lost by many are actually just a matter of time to be found.

"There is a general opinion that 20% of Bitcoins are lost forever, we believe Bitcoins are just waiting to be found," KeychainX said as quoted by Cointelegraph.