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Estonian banker Rain Lõhmus has lost access to a wallet containing 250,000 Ethereum, now worth $1.2 billion. The case highlights the risks of self-custody in decentralized finance. Despite offers for recovery help, the wallet remains untouched since 2014.
- Rain Lõhmus’ lost Ethereum wallet holds 250,000 ETH, now worth $1.2 billion due to recent price surges.
- The wallet has seen only small 'dust' transactions since 2014, with no major withdrawals.
- Lõhmus’ case highlights the risks of self-custody, a common challenge in decentralized finance.
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