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A CRYPTOURRENCY trader claims he lost £ 900,000 worth of Bitcoin when he accidentally deleted a WhatsApp photo that contained security passwords.
The anonymous Reddit user posted his riddle to the Bitcoin subreddit as he pleaded with tech-savvy people for advice on recovering the image in one form or another.
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Reddit user claimed he lost £ 900,000 worth of Bitcoin after deleting photo on WhatsApp
In the post, the user explained that a friend had already offered him 25 BTC in his wallet, along with a recommendation to introduce “start words” to protect his investment.
As security, the trader claimed he tried to send the money to the buddy as a backup in case something went wrong.
The friend immediately told him it was his responsibility and the user removed the photo from the app thinking it was stored elsewhere.
However, fast forward to the present day, and the user told Reddit how he bought a new phone and sought to save around 6,000 photos and videos from his old device.
And it wasn’t until after looking for the password-filled image that the merchant was shocked to find it wasn’t there.
“To my horror I think what I had to do when I deleted the photo from her phone I had to check the options ‘also remove media in this chat’ and so that has it too deleted from my phone, ”he wrote.
“I have spent the last two days going through my old photos in the hopes that I missed the photo, but to no avail.”
The user went on to say that he is now seeking help from tech giants and the general public in order to recover his photo.
He continued, “If I contact WhatsApp, will they be able to retrieve the photo which I know the approximate date and time, is there any chance they saved this file because before it do not leave my phone and arrive at my friends, it must have gone through the WhatsApp server.
“I was also wondering how can I contact them about this, like if they were looking for him and finding him, they might realize his 12 seed words.
“I know at this point to never store anything like this digitally, but by the time this happened I had only been in the crypto world for a few hours.
“Any ideas please. “
Most Redditors responded with stern advice – giving advice on how it should be more tech-savvy.
One user wrote: ‘You can run recovery software for your phone and hope to get it. WhatsApp can’t help you, and I wouldn’t trust them with this information even if they could.
“Take the time to learn the basics.”
Another added cruelly: “On the bright side, think about the experience he gets. “
The risks of buying with cryptocurrencies
Investing and making a purchase in cryptocurrencies such as Bitcoin is risky:
Their value is highly volatile, and the city’s watchdog, the Financial Conduct Authority, has warned that investors should be prepared to lose all of their money.
Investing in cryptocurrencies is not a guaranteed way to make money.
You should also think carefully before making purchases with cryptocurrency.
For example, Bitcoin has seen crazy price swings in recent months and the price can change almost hourly.
The price of a Bitcoin was $ 40,258 on January 9, according to Coindesk, but fell to $ 34,214 three days later.
That’s a 15% drop.
These price fluctuations are risky for a business because you can sell an item for a Bitcoin at one price and the value may drop soon after, leaving you with less money in a sale.
Likewise, the price of Bitcoin has climbed over 21% since the start of this week, so it can be difficult for a buyer to get a clear idea of the price of an item if its value changes on a daily basis.
However, losing Bitcoin is much easier than you might think.
Earlier this year, a man lost £ 275million in Bitcoin after throwing his hard drive away.
A trader lost $ 2 million in Bitcoin when his crypto password was stolen last month.
The richest Bitcoin trader in the world lost $ 5 billion in one month after the crypto bubble burst last month.
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Sources 2/ https://www.thesun.co.uk/money/17179464/deleted-whatsapp-photo-passwords-lost-bitcoin-access/ The mention sources can contact us to remove/changing this article |
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