Crypto-busting test case
Taking the story at face value (no laughing at the back), does this make an interesting crypto-busting test case for the kind of folks who did the FBI Iphone?
In 30 days I expect they'll be throwing whatever they can find at it, from brute force to experts. Could be an interesting scenario if some TLA does know how to break it but isn't prepared to reveal that they know ...
As for entrusting your money to one man with no fallback ... erm, 'nuff said. Maybe if it's laundered money you just accept there will be attrition, but who else?