A Norwegian man Kristoffer Koch invested 150 kroner ($26.60= ₹ 1700 ) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until widespread media coverage of the anonymous, decentralised, peer-to-peer digital currency in April 2013 jogged his memory.
Bitcoins are stored in encrypted wallets secured with a private key, something Koch had forgotten. After eventually working out what the password could be, Koch got a pleasant surprise:
“It said I had 5,000 bitcoins in there. Measuring that in today’s rates it’s about NOK5m ($886,000= ₹ 6 crore),” Koch told NRK.
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