CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00740

Documentation absent — exchange — Japan 2019

Constrained
Case description
In October 2019 the Mt. Gox rehabilitation plan trustee began its claim verification process. Thousands of creditors had to produce documentation of their original account balances from records dating to 2013–2014. Many had not retained email confirmations, trade histories, or deposit receipts from the now-defunct exchange. Creditors without documentation could only assert claims based on their memory of holdings.
Custody context
Stress conditionDocumentation absent
Custody systemExchange custody
OutcomeConstrained
DocumentationUnknown
Year observed2019
CountryJapan
Structural dependencies observed
Undocumented procedureSingle point of failure
What this illustrates
Nobody had written down how to get back in. That knowledge existed only in the owner's head. 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
News article
Related cases involving documentation absent
193 cases involve documentation absent 512 cases involve exchange custody View archive statistics →
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Framework references
Terms guide
Survives
Access remained possible under the reported conditions.
Constrained
Access remained possible, but only with delay, dependence, or significant difficulty.
Blocked
Access was not possible under the reported conditions.
Indeterminate
There was not enough information to determine the outcome.
Single-person knowledge
Recovery depended on information or capability held by one individual who was unavailable.
Institutional dependence
Recovery depended on a third-party institution or service that was inaccessible or uncooperative.
Documentation gap
Recovery depended on instructions that were missing, incomplete, or unclear.
Authority mismatch
The person with legal authority to act did not have operational access, or vice versa.
Original text
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