CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00305

Owner death — exchange custody (2016)

Survives
Case description
An exchange account holder died in November 2016 whose estate included a significant BTC balance. The exchange required a court-appointed estate administrator, a notarised copy of the death certificate, and a court order explicitly naming the cryptocurrency account. The estate completed this process in eight months, during which BTC appreciated substantially in value, and the estate ultimately recovered more USD-equivalent than the original holdings were worth at death.
Custody context
Stress conditionOwner death
Custody systemExchange custody
OutcomeSurvives
DocumentationUnknown
Year observed2016
CountryUnknown
Structural dependencies observed
Legal process requiredInstitutional cooperation requiredSingle point of failure
Outcome interpretation
Access remained possible under the reported conditions.
Source
Publicly Reported
Evidence type
Forum post
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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.