🔥 Estonian Bank Founder Loses Access to 250,000 ETH Wallet

posted  7 Nov 2023
Photo - Estonian Bank Founder Loses Access to 250,000 ETH Wallet
Rain Lõhmus, the founder of LHV Bank, has been revealed as the owner of $470 million worth of ETH acquired during the Ethereum ICO.

In February, Coinbase director Conor Grogan brought attention to an Ethereum whale wallet that remained untouched since the genesis of the blockchain.

Grogan disclosed that Lõhmus had lost access to these substantial holdings and was open to collaboration to recover them.

Lõhmus acknowledged that it was “no secret” he owned a wallet with 250,000 ETH and he had not made significant efforts to recover it.

“I can’t solve this alone; if someone thinks they can, I’ll consider all offers,” Lõhmus said.”