CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-01116

Passphrase unavailable — Bitcoin Core (2023)

Survives
Case description
A Bitcoin Core wallet user who had encrypted their wallet in 2015 with a complex password attempted to access the funds in April 2023 as the market recovered. Eight years had passed since the password was set and the user had no written record. Recovery was attempted via btcrecover with a custom wordlist derived from all known passwords the user had used in 2015. After three weeks of GPU computation, the wallet was opened on the fourth major wordlist variation. The case illustrated that old wallet recovery remained technically feasible with sufficient pattern information.
Custody context
Stress conditionPassphrase unavailable
Custody systemDesktop Software Wallet
OutcomeSurvives
DocumentationUnknown
Year observed2023
CountryInternational
Structural dependencies observed
Technical specialist required
Outcome interpretation
Access remained possible under the reported conditions.
Source
Privately Reported
Evidence type
News article
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217 cases involve passphrase unavailable 25 cases involve desktop software wallet View archive statistics →
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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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