Bitcoin trader Stefan Thomas lost £200MILLION because he FORGOT his crypto password

BITCOIN trader Stefan Thomas lost almost £200million worth of the crypto because he forgot his password – saying the blunder left him feeling like a “complete idiot”.

The devastated German felt the sting as a simple slip of the mind meant he lost access to the 7,002 coins – which are now worth £189,905,495.

Thomas is just one of the many Bitcointraders who have seen their fortunes go missing – with an estimated £100billion worth of the highly volatile cryptocurrency now left stranded and inaccessible in the ether online.

He realised he lost the password around 10 years ago when the coins were worth around £100,000 – and he has been left helplessly watching from the sidelines as his missing fortune swelled by almost 19,900 per cent.

And he admitted his forgetfulness would give him sleepless nights as he lay awake racking his brains, reported the New York Times in January.

“I was absolutely desperate. I couldn’t sleep for nights. I even suffered from depression,” he told Berliner Zeitung.

“But much worse than the loss of the money was my self-reproach: I simply couldn’t believe I had lost something so important.

“I felt like a complete idiot, my self-esteem was in the basement.”salaam

Thomas revealed since he opened up about his story he has been inundated with offers for help and tips on how stir this memory – while others confided in him they too had forgot their the access codes for their Bitcoin.

He said: “There were smart alecs or jokers who asked me: have you tried ‘password’?

“And I’ve received all kinds of bizarre offers: several people with so-called channeling abilities contacted me and also a ‘prophet’ from Croatia.

“On the other hand, there were also some technology experts and data recovery companies who offered me support.”