Part of the CustodyStress archive of observed Bitcoin custody incidents
Physical Coercion
Cases involving physical force, threats, or coercion used to compel Bitcoin transfer or disclosure of access credentials. Includes home invasions, kidnappings, and robbery.
physical coercion cases show an 81% blocked rate among determinate outcomes. Where recovery was attempted, coerced transfer was the most common path.
75
Blocked
1
Constrained
17
Survived
17
Indeterminate
82% of determinate cases resulted in blocked or constrained access.
110 observed cases
Blocked
75 (68%)
Constrained
1 (1%)
Survived
17 (15%)
Indeterminate
17 (15%)
Shahid Naseer: 9 BTC Extorted Under Kidnapping in Lahore, 2019
Software wallet
Shahid Naseer, an information technology professor in Lahore, Pakistan, was kidnapped in March 2019 by a student acting in coordination with corrupt police offi
Three Indian Cryptocurrency Traders Tortured for 80 BTC Ransom
Unknown custody system
In June 2019, three cryptocurrency traders—Luftan Shaikh, Mohammad Shazad, and Malang Shah—were abducted by a criminal gang in Jaipur, Rajasthan, India. The per
Masked Raiders Rob Bitcoin Exchange in Sparkhill, Birmingham (July 2019)
Exchange custody
In July 2019, a group of masked raiders conducted an armed robbery of a Bitcoin exchange located in the Sparkhill area of Birmingham, England. The incident occu
Oslo Bitcoin Millionaire's Escape From Armed Home Invader (2019)
Hardware wallet (single key)
In May 2019, a Bitcoin millionaire residing in Oslo, Norway became the target of an armed home invasion. The attacker confronted the victim at his apartment, bu
Danny Aston Home Invasion: UK's First Documented Crypto-Targeted Physical Attack — 2018
Unknown custody system
On an unspecified date in 2018, four armed men invaded the Moulsford, Oxfordshire residence of cryptocurrency trader Danny Aston. The assault was motivated by a
Armed Kidnapping for Hardware Wallet Access: $1.8M Ether Theft — New York 2017
Hardware wallet with passphrase
On November 4, 2017, Louis Meza, 35, of Jersey City, New Jersey, orchestrated a sophisticated attack against a personal acquaintance in New York City. Meza arra
Brazilian Bitcoin Miner's Wife Kidnapped for Ransom — 2017 Florianopolis Case
Unknown custody system
In 2017, a Brazilian Bitcoin miner based in Florianopolis became the subject of local media profiles highlighting his cryptocurrency fortune accumulated through
Ryan Piercy Kidnapped in Costa Rica — First Widely Reported Bitcoin Ransom Demand
Unknown custody system
On January 20, 2015, Ryan Piercy, a Canadian national residing in San José, Costa Rica, was abducted by kidnappers who made an unprecedented demand: $500,000 in
South African Investor Tortured and Coerced Into Cryptocurrency Transfer
Hardware wallet (single key)
A South African investor holding approximately 100,000 in cryptocurrency in self-custody became the target of a violent attack. The attacker employed torture an
British Columbia Home Invasion: $1.6M Bitcoin Forced Transfer Under Duress
Hardware wallet (single key)
In British Columbia, a couple fell victim to a targeted home invasion in which three attackers entered their residence and subjected them to a 13-hour ordeal. D
Trigger categories
Forgotten Passphrase
Institutional Failure
Device Discarded
Seed Never Recorded
File Deleted — No Backup
Passphrase Never Recorded
Device Loss Without Backup
Owner Death
Passphrase Unavailable
Device Loss
Exchange Collapse
Exchange KYC / Account Lockout
Passphrase Loss
Credential Loss
Platform Failure
Hardware Wallet PIN Loss
File Corruption
Institutional Custody Failure
Seed Backup Unavailable
All cases
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