CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-01115

Owner incapacity — Kraken (2023)

Survives
Case description
A family member acting under a durable power of attorney for an incapacitated Bitcoin holder encountered a systematic barrier at Kraken in 2023: the exchange required the POA holder to provide the original account holder's government-issued ID as part of the account access process, in addition to the notarized POA itself. In cases of incapacity where the account holder was in a care facility, retrieving ID documents involved additional steps coordinated with the facility's administration. The total process took eleven weeks.
Custody context
Stress conditionOwner incapacity
Custody systemExchange custody
OutcomeSurvives
DocumentationUnknown
Year observed2023
CountryUnited States
Structural dependencies observed
Institutional cooperation requiredLegal process required
Outcome interpretation
Access remained possible under the reported conditions.
Source
Publicly Reported
Evidence type
News article
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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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