So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
In theory, Yes, but it could take a lifetime. Even if you're lucky and you steal that money, I think this man will find a way to get it back if it's a huge amount.