CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00060

Owner death — exchange custody (2013)

Blocked
Case description
In 2013 at least several documented cases arose of Bitcoin holders who died with exchange accounts their families could not access. Exchanges had no death-disclosure or estate-access procedure. Without the login credentials and in many cases 2FA access, exchange balances were permanently inaccessible to heirs.
Custody context
Stress conditionOwner death
Custody systemExchange custody
OutcomeBlocked
DocumentationUnknown
Year observed2013
CountryUnknown
Structural dependencies observed
Institutional cooperation requiredSingle point of failure
What this illustrates
Getting access back required help from an institution — and that help wasn't available. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Publicly Reported
Evidence type
Forum post
Related cases involving owner death
119 cases involve owner death 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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