CustodyStress
Archive › Owner death
Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00481

A Bitcoin trader died in June 2017 leaving active margin positions on two exchanges.

Survives
Case description
A Bitcoin trader died in June 2017 leaving active margin positions on two exchanges. The exchanges closed the positions automatically after a set period of inactivity. Both exchanges then required estate documentation before releasing the remaining balances. One exchange required documentation certified in the country of death, which took four months to obtain.
Custody context
Stress conditionOwner death
Custody systemMobile or software wallet
OutcomeSurvives
DocumentationUnknown
Year observed2017
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.
Original text
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