CustodyStress
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Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00002

Passphrase unavailable — exchange 2012

Survives
Case description
A user lost access to an exchange account after forgetting the login password. The exchange had no viable account recovery mechanism at the time. The user eventually regained access after a lengthy manual verification process with the exchange support team.
Custody context
Stress conditionPassphrase unavailable
Custody systemExchange custody
OutcomeSurvives
DocumentationUnknown
Year observed2012
CountryUnknown
Structural dependencies observed
Institutional cooperation required
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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