CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00533

Multisig quorum failure — software wallet (2018)

Blocked
Case description
An October 2018 forum case describes a DAO-style investment club whose Bitcoin treasury was held in a multisig controlled by token votes. A software bug in the voting contract caused a quorum to be registered for a transaction that the majority of token holders opposed. The transaction moved funds that could not be recovered without a controversial rollback.
Custody context
Stress conditionMultisig quorum failure
Custody systemMobile or software wallet
OutcomeBlocked
DocumentationUnknown
Year observed2018
CountryUnknown
Structural dependencies observed
Third-party platform dependency
What this illustrates
Access ran through a third-party platform. When that platform became unavailable, so did the Bitcoin. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Publicly Reported
Evidence type
Forum post
Related cases involving multisig quorum failure
77 cases involve multisig quorum failure 572 cases involve mobile or software wallet 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.