LHV Bank Founder Loses Access to $473M in ETH

LHV Bank founder, Rain Lohmus, loses access to a dormant $473M ETH wallet. Mystery surrounds the wallet's origin as the crypto community speculates on potential recovery.

LHV Bank founder, Rain Lohmus, loses access to a dormant $473M ETH wallet. Mystery surrounds the wallet's origin as the crypto community speculates on potential recovery.

This article is authored by an independent contributor.

smolloop

Posted on Nov 6, 2023

A crypto wallet containing a staggering $473M worth of Ethereum (ETH) has been tentatively linked to Rain Lohmus, founder of LHV Bank. The wallet, established during the 2014 ICO with a $75,000 investment, has never been used for a single transaction, adding an air of mystery to the situation.

The connection was made by @jconorgrogan who observed correlations after an interview in which Lohmus mentioned losing access to a wallet with 250k ETH. Despite the wallet's significant growth to over $400 million and receiving $6.5 million in airdrops, Lohmus expressed in the interview that he has lost the keys and is unable to recover the funds.

The identified wallet, associated with the address 0x2b6ed29a95753c3ad948348e3e7b1a251080ffb9, remains a topic of intrigue in the crypto community. Lohmus, in the interview, conveyed a willingness to collaborate with anyone who can help him regain access, with an offer to share the recovered funds with those who assist in the process.

Image

Recommended by Pluid

News

Pluid Weekly Roundup #37

by Nattynatman

Oct 2, 2024

Pluid Weekly Roundup #37

News

Controversial Punk 1563 Sale

by tah_eth

Oct 4, 2024

Controversial Punk 1563 Sale