Skip to content
RollCall logo

Podcasts

An interview with the developer who owns $400 million in Bitcoin — but forgot his password

Fintech Beat, Ep. 85

At the time Coil CEO Stefan Thomas realized he forgot the password to his Bitcoin wallet, it was valued at $148,000. Since then, that number has ballooned into the hundreds of millions with the rise of Bitcoin's value.
At the time Coil CEO Stefan Thomas realized he forgot the password to his Bitcoin wallet, it was valued at $148,000. Since then, that number has ballooned into the hundreds of millions with the rise of Bitcoin's value. (Sheldon Cooper/SOPA Images/LightRocket via Getty Images)
By Chris Brummer and Evan Campbell
Posted March 9, 2021 at 4:00am

Coil CEO Stefan Thomas talks to Chris Brummer about how he stored 7,002 Bitcoins in a digital wallet, only to forget the password. Plus, what lessons he thinks his case holds for the crypto industry.

More podcast content

Show Notes:

Recent Stories

Louisiana Sen. Bill Cassidy, seen arriving for a vote in the Capitol in June, is facing a potentially tough reelection in 2026. (Bill Clark/CQ Roll Call file photo)

Louisiana Sen. Bill Cassidy draws primary challenge from former Hill colleague

Kelly Loeffler, a former Republican senator from Georgia, is President-elect Donald Trump's choice to lead the Small Business Administration.

Trump chooses former Sen. Kelly Loeffler for SBA

Former Rep. Billy Long, R-Mo., shows off his $45 Trump bills outside the Capitol on May 9, 2019.

Ex-Missouri lawmaker Billy Long is Trump’s pick for IRS commissioner

Pete Hegseth, President-elect Donald Trump's choice to lead the Defense Department, heads for a meeting with Sen. John Thune on Wednesday.

Hegseth tries to rally support as allegations swirl

Rep. Jerrold Nadler, D-N.Y., right, is shown with House Judiciary Chairman Jim Jordan, R-Ohio, at a committee hearing in March. (Tom Williams/CQ Roll Call)

Nadler steps aside as top Democrat on Judiciary Committee

Paul Atkins, left, a Securities and Exchange Commission member from 2002 to 2008, was chosen to lead the agency by President-elect Donald Trump.

Trump picks Paul Atkins, a former commissioner, to lead the SEC