Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00123
Seed phrase unavailable — software wallet 2014
BlockedCase description
A user who relied on a custodian's paper wallet service for cold storage found that the custodian had gone out of business and shredded all records, including paper wallet backups they had managed on customers' behalf. The service had marketed itself as providing 'bank-grade' physical security but had no successor arrangement.
Custody context
| Stress condition | Seed phrase unavailable |
| Custody system | Mobile or software wallet |
| Outcome | Blocked |
| Documentation | Unknown |
| Year observed | 2014 |
| Country | Unknown |
Structural dependencies observed
What this illustrates
Access ran through a third-party platform. When that platform became unavailable, so did the Bitcoin. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Publicly Reported
Evidence type
Forum post
Evidence link
Related cases involving seed phrase unavailable
146 cases involve seed phrase unavailable
572 cases involve mobile or 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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