Part of the CustodyStress archive of observed Bitcoin custody incidents
Present and Interpretable — Seed phrase unavailable
Cases where documentation was present and interpretable but the seed phrase was unavailable. Documentation of access procedures without the actual seed phrase is insufficient for recovery.
37 cases in this intersection. 85% of determinate cases resulted in a blocked outcome and 15% in access survived. The most common recovery path is no path available.
29
Blocked
0
Constrained
5
Survived
3
Indeterminate
85% of determinate cases resulted in blocked or constrained access.
37 observed cases
Blocked
29 (78%)
Survived
5 (14%)
Indeterminate
3 (8%)
Gabriel Abed: 800 BTC Private Keys Destroyed by Accidental Laptop Reformat
Software wallet
In 2011, Gabriel Abed, co-founder of Bitt and a prominent figure in Caribbean blockchain infrastructure, lost approximately 800 BTC when a colleague accidentall
Ulti Loses 28 BTC to Incomplete SSD Migration — October 2011
Software wallet
On October 1, 2011, a Bitcointalk user identified as Ulti posted an account of a custody failure resulting from routine hardware maintenance. While upgrading hi
30+ BTC Sent to Wrong Address in 2011: Private Key Never Located
Software wallet
In 2011, blocparty_ received approximately 30 BTC from an exchange and transferred the amount (minus fees) to what they believed was a secondary address of thei
Davyd Arakhamia Loses 400 BTC After Deleting Encrypted Key File
Software wallet
Davyd Arakhamia, a Ukrainian entrepreneur and later member of the Verkhovna Rada (elected 2019), accumulated approximately 400 BTC through a business that accep
26 BTC Lost: Developer Formats Drive Containing Wallet, Gives to Mother-in-Law
Software wallet
In October 2021, a Hacker News user identified as jakewins disclosed a significant custody failure from the early Bitcoin era. The user possessed 26 BTC stored
Seed unavailable — software wallet (2010)
Software wallet
On July 14, 2010, a BitcoinTalk user with the handle ksd5 reported a critical loss in a forum thread posted just two days after account creation. The user held
9,000 BTC Lost to Unrebacked Change Address: Early Bitcoin Wallet Flaw (2010)
Software wallet
In August 2010, a Bitcoin user purchased 9,000 BTC and conducted a single test transaction: sending 1 BTC to his own address to confirm network functionality. T
8,999 BTC Lost to Non-Deterministic Wallet Change Address Design
Software wallet
In 2010, a Bitcoin user held approximately 9,000 BTC in a Bitcoin Core wallet. To validate his backup and recovery procedure, he executed a test transaction to
Stone Man Loses 8,999 BTC to Unbacked Change Address After Live CD Shutdown
Software wallet
In August 2010, a BitcoinTalk user known as Stone Man purchased 9,000 BTC on an exchange and transferred them to a Bitcoin client running on a Debian Linux live
PC Miner Overwrites wallet.dat During OS Reinstall, Loses ~12 BTC (2010)
Software wallet
In 2010, the user known as 'kingcharles' was mining Bitcoin on a personal computer during the currency's early adoption phase. At that time, mined bitcoins were
Executor Locked Out: Blockchain.com Wallet After Probate, Email Account Dead
Exchange custody
A man's father passed away, leaving behind login credentials and a Bitcoin address recorded in estate documentation. During the multi-year probate process—compl
Notepad Backup Illusion: Seed Phrases Lost After Mobile Phone Firmware Reset
Software wallet
A cryptocurrency holder maintained seed phrases for Bitcoin, Monero, and Ethereum in a notepad application on their mobile phone. The strategy reflected a funda
Browse by documentation and stress
Partial Documentation — Passphrase unavailable
Partial Documentation — Seed phrase unavailable
Present and Interpretable — Vendor lockout
Partial Documentation — Device loss
Partial Documentation — Vendor lockout
Present and Interpretable — Coercion
Partial Documentation — Coercion
Present and Interpretable — Passphrase unavailable
Partial Documentation — Owner death
Present and Interpretable — Device loss
Present but Ambiguous — Passphrase unavailable
Partial Documentation — Legal or authority constraint
All cases
Translate