Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00429
The Ledger device melted and the seed card was burned.
BlockedCase description
A Ledger Nano S user had their device and backup seed stored together in a small safe that was damaged in a house fire in November 2017. The Ledger device melted and the seed card was burned. The coins' fiat value at the time of loss was significant given the November 2017 price rally.
Custody context
| Stress condition | Device loss |
| Custody system | Hardware wallet (single key) |
| Outcome | Blocked |
| Documentation | Unknown |
| Year observed | 2017 |
| Country | Unknown |
Structural dependencies observed
What this illustrates
The wallet existed only on that device. When the device became inaccessible, there was no other way back in. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Publicly Reported
Evidence type
Forum post
Evidence link
Related cases involving device loss
188 cases involve device loss
274 cases involve hardware wallet (single key)
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This archive documents observed custody survivability failures. It does not attempt to document all Bitcoin losses or security incidents.
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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.
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