Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00983
Hidden wallet discovered — Bitcoin Core (2022)
IndeterminateCase description
ReWallet, a wallet recovery service, documented in 2022 that the most common cases they received involved forgotten Bitcoin Core wallet.dat passwords, often on wallets created between 2012 and 2017 when Bitcoin was inexpensive and the password had seemed unimportant. Owners rediscovering old wallets as Bitcoin's price rose faced recovery attempts using brute-force tools. Success depended heavily on whether the original password had a guessable pattern or length, and whether the owner could provide hints.
Custody context
| Stress condition | Passphrase unavailable |
| Custody system | Desktop Software Wallet |
| Outcome | Indeterminate |
| Documentation | Unknown |
| Year observed | 2022 |
| Country | International |
Structural dependencies observed
What this illustrates
The seed phrase was there, but the passphrase that unlocked it was gone. Both are required. It's not clear whether anyone ever regained access.
Outcome interpretation
Not enough information is available to determine the outcome.
Source
Publicly Reported
Evidence type
News article
Related cases involving passphrase unavailable
217 cases involve passphrase unavailable
25 cases involve desktop software wallet
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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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