A 60-year-old retiree visited the Finst platform to deposit cryptocurrencies he believed he had lost. The funds, consisting of Ether and Litecoin, were stored on an old phone that had not been connected to the internet since 2017 or 2018. Finst co-founder Julien Vallet managed to recover the wallet by using the client’s private key to migrate it to Trust Wallet. The total value of the assets amounted to 266,000 euros, a sum the retiree never expected to see again. This story highlights the importance of properly securing cryptocurrencies and planning for their transfer in case of death.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
