The attacker demanded 2 BTC per month.

Constrained

Case description

A prominent Bitcoin podcaster was extorted in September 2019 by an attacker who claimed to have compromising personal information. The attacker demanded 2 BTC per month. The podcaster paid two installments before publicising the extortion and reporting to law enforcement. The blockchain transactions were traced to an exchange account that was subsequently frozen.

Custody context

Stress condition	Physical coercion
Custody system	Mobile or software wallet
Outcome	Constrained
Documentation	Unknown
Year observed	2019
Country	Unknown

Structural dependencies observed

Single point of failure

What this illustrates

There was only one way in. When that path was gone, so was access. Whether full access was ultimately possible is unclear, but significant delay or outside intervention was involved.

Outcome interpretation

Access remained possible, but only with delay, dependence, or significant difficulty.

Source

Publicly Reported

Evidence type

Forum post

Evidence link

https://bitcointalk.org/index.php?topic=83794.0

Related cases involving physical coercion

105 cases involve physical coercion 572 cases involve mobile or software wallet View archive statistics →

This archive documents observed custody survivability failures. It does not attempt to document all Bitcoin losses or security incidents. Submit a case

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Framework references

Where Bitcoin Custody Intersects Legal and Fiduciary Authority

Where custody creates gaps in estate planning, fiduciary duty, and professional responsibility.

Professional Scope Boundary Matrix

What each professional or product covers, what they do not, and where gaps form between them.

The Independent Assessment Layer in Bitcoin Custody

How independent diagnostic layers emerge when multiple parties depend on shared infrastructure.