CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00633

The exchange required in-person identity verification to reset the 2FA to a new phone.

Survives
Case description
A Bitcoin trader serving a prison sentence found in April 2019 that their exchange's 2FA had expired and could not be renewed without a working phone number. The prison did not allow mobile phones. The exchange required in-person identity verification to reset the 2FA to a new phone. The trader's family could not complete the in-person verification on their behalf without a power of attorney.
Custody context
Stress conditionOwner incapacity
Custody systemExchange custody
OutcomeSurvives
DocumentationUnknown
Year observed2019
CountryUnknown
Structural dependencies observed
Legal process 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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