Mindful of thefts resulting from improper storage, the weusecoins team developed a high-security plan. A virtual machine would be used to isolate the Bitcoin wallet from the rest of a computer system. Encrypted backups would be uploaded to cloud servers for safekeeping.
As often happens with computers, things went wrong and the entire sum of 7,000 bitcoins was lost. Foul play was not involved. Rather, the funds simply became inaccessible. Private keys controlling two critical donation addresses were lost. The high-security plan had backfired, locking the team out of its own wallet.