John McAfee Puts $100,000 Bounty to Anyone Who Hacks Bitfi Crypto Wallet

    Over the last year, John McAfee has extolled the virtues of the “unhackable” Bitfi wallet. Today, McAfee put his money where his mouth is by announcing a bounty for his wallet.

    Anyone who hacks the wallet will receive a $100,000 bounty from John McAfee himself, according to a tweet from earlier today.

    “For all you naysayers who claim that “nothing is unhackable” & who don’t believe that my Bitfi wallet is truly the world’s first unhackable device,” explained McAfee on Twitter, “A $100,000 bounty goes to anyone who can hack it. Money talks, bullshit walks.”

    Details of the bounty can be found on

    There are few things in the world that are truly unhackable. Many people have made similar claims over the years – only to watch their device get hacked. If you want to beat McAfee’s guarantee and claim the $100,000 bounty, then here are the rules you need to follow:

    • The Bitfi team will deposit coins into a Bitfi wallet, then ship it to anyone who wishes to participate in the bounty contest
    • If you wish to participate in the bounty, you’ll need to purchase a Bitfi wallet that is preloaded with coins at a price of $50
    • If you successfully extract the coins and empty the wallet, then Bitfi will consider it a successful hack
    • You can keep the coins and Bitfi will make a payment to you of $100,000

    In other words, the challenge has a $50 entry fee. You’ll receive a Bitfi wallet filled with coins in exchange for your entry fee. The fee, according to, “is because we need to insure [sic] serious inquiries only.”

    A standard Bitfi wallet is priced at $120 USD.

    The wallet itself looks like a smartphone – similar in shape and design to an old iPhone. You can use the patent pending wallet to store and access multiple cryptocurrencies.

    If you successfully hack the Bitfi wallet, then Bitfi “may ask you to make the process public” to alert others in the digital asset community. If you don’t follow the rules above, then it won’t be considered a successful hack.

    If you wish to participate in the hacking bounty, then you can email [email protected] to get started.

    Remember the CEO of the identity theft protection service who proudly published his Social Security Number online? Remember when that guy had his identity stolen 13 times in the ensuing weeks? That seems to be the usual course of events when someone claims their security system is “unhackable” to the internet. Nevertheless, it will be interesting to see if John McAfee’s Bitfi wallet can survive this bounty challenge.

    John McAfee's Team Releases New Crypto Pricing Website

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    IOHK Reboots Byron Codebase, A Big Step Towards Cardano's Shelley Blockchain Upgrade

    IOHK Team has released a statement that the Byron upgrade is now complete. As per a press release, the upgrade will allow a seamless...

    Bitwise Plans To Target Retail Investors With Its Crypto Index Fund

    Bitwise has revealed that plans are underway to allow the retail market to participate in its large-cap index service. According to CoinDesk, Bitwise is working...

    Binance's Educational Platform Opens Up Government Approved Office in Shanghai

    Binance, one of the most popular crypto exchanges in the crypto-verse which also has many subsidiaries including Binance Academy (a blockchain and crypto-centred educational...

    XRP Trying to Retrace Months of Underperformance But Remains in a “Corrective” Structure

    XRP is up 12.5% but could still jump another 23%, A clean break above $0.21 would be “very bullish” Ripple granted an exemption...

    23k BTC on CME Futures and 50k BTC in Options Expiring Today

    Bitcoin is currently down 0.05% in the past 24 hours trading around $6,640 after hitting $6,872 last night, yet again rejected at $7,000 level....

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.