I think people who got in to BTC early lost their bags due to poor means of storage etc !

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Happened to me as well with one of my many wallet back then 😅

Max K handed out thousands of coins, most likely on an encrypted USB stick, and people just lost them.

I also sent many coins to Buddy's. All of them are lost now. But I knew this will happen 😅

It was hard for people to value something like BTC at the time. Just messy, keys on memory sticks, a cool little tech thing to put in a drawer & forget about.

Little did they know they needed to protect it with their lives.