An early Bitcoin adopter lost his entire stash to a dodgy wallet more than five years ago. The Bitcoin was valued at $180,000 when he was phished, but $1.1 million at bitcoin’s all-time high in 2021. The individual turned to Reddit for help but was ultimately unsuccessful in recovering the funds. However, with the help of a digital forensics expert, the hacker responsible for the theft has been identified and a civil lawsuit has been filed. The case is complicated by jurisdictional issues as the alleged hacker lives in the UK. The FBI subpoenaed Bitfinex for information, leading to the identification of the hacker’s accounts. The case is still ongoing and it is uncertain how it will be resolved. Despite the loss, the victim remains optimistic about Bitcoin and is determined to see the case through to the end.

AI Sentiment: Negative