There’s no way to recover data from the new MacBook Pros

Since the encryption key is (by design) not extractable from the T2 chip, having raw access to the flash isn't particularly relevant. From a security perspective this is good, because imaging the encrypted disk can also reveal information, and potentially allow replay attacks (like patching the sectors where a password is stored back to a prior version).

https://duo.com/blog/apple-imac-pro-and-secure-storage

And this is a very very good thing. Period. I am glad they removed the backdoor. Backdoors are front doors for evil doers and, well.

Yes, it means that backups are even more important, but srly Apple make it so stoopidly easy with Time Machine that there really isn't an excuse. Besides, the SSD itself could die and there wouldn't have been a way to recover anything anyway.

So, to hack such a mechanism, a $10,000,000 reward seems fair. To the right buyer, the value is potentially open ended.

Some victim out there will rely on this as a turn key security solution to protect their high value data.