Disclosure certainty 4/5 debate potential 1/5

Fund offered Mónica a 20% bounty to recover $1.5M Bitcoin passphrase

Diogo Monica · Diogo Monica – Securing Crypto at Anchorage Digital (EP.259, Crypto for Institutions 2, EP.06) · Jun 30, 2022 · at 7:18

Diogo Monica, co-founder of Anchorage Digital, recalls the consulting incident during the 2017 ICO boom that demonstrated institutional demand for crypto custody security.

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“I was doing consulting on my free time while at Talker, and there was a fund that reached out to me that had lost the passphrase to a 1.5 million dollar Bitcoin wallet and offered me 20% if I could break into it.”

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