Coinbase Executive Detects $320K in Crypto Belonging to a ‘Stranger’

Conor Grogan – the head of product at Coinbase – said he found $322,000 worth of digital assets that belonged to a person who was unaware of that since the funds were transferred after Ethereum’s hard fork in 2016. The executive discovered that the owner of the crypto stash had previously become a victim of hackers who drained their entire life savings. Coinbase’s director announced on Twitter that he had tracked down “6+ figures” for people who have forgotten they have funds onchain or have not realized they were awarded some tokens via airdrops. Due to ether’s price appreciation over the years, the stash is currently worth almost $45,000.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android