Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-01380
A family member later discovered that the holder had been posting about Bitcoin on
BlockedCase description
A 2025 UK estate case involved a holder who had purchased Bitcoin through Coinbase in 2018 and subsequently transferred all of it to a self-custody hardware wallet—a detail not reflected in any documentation the family could find. The Coinbase account showed zero balance when the executor accessed it following the owner's death. The executor, believing the Coinbase account represented the entirety of the holdings, closed the probate estate without conducting further investigation. A family member later discovered that the holder had been posting about Bitcoin on a pseudonymous forum account, and by tracing the wallet addresses referenced in those posts, determined that approximately 2.3 BTC sat unspent in a wallet for which no recovery path was known.
Custody context
| Stress condition | Owner death |
| Custody system | Hardware wallet (single key) |
| Outcome | Blocked |
| Documentation | Unknown |
| Year observed | 2025 |
| Country | United Kingdom |
Structural dependencies observed
What this illustrates
There was only one way in. When that path was gone, so was access. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Privately Reported
Evidence type
News article
Related cases involving owner death
119 cases involve owner death
274 cases involve hardware wallet (single key)
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This archive documents observed custody survivability failures. It does not attempt to document all Bitcoin losses or security incidents.
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Framework references
Where Bitcoin Custody Intersects Legal and Fiduciary Authority
Where custody creates gaps in estate planning, fiduciary duty, and professional responsibility.
Professional Scope Boundary Matrix
What each professional or product covers, what they do not, and where gaps form between them.
The Independent Assessment Layer in Bitcoin Custody
How independent diagnostic layers emerge when multiple parties depend on shared infrastructure.
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