Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00203
Institutional lockout — exchange custody (2015)
SurvivesCase description
The Reserve Bank of India issued a public advisory in August 2015 warning citizens of Bitcoin risks and noting that it had not authorised any entity to operate a Bitcoin exchange. Several Indian exchanges preemptively suspended INR deposits and withdrawals pending legal review of their compliance status, leaving customers unable to move fiat for up to three weeks.
Custody context
| Stress condition | Vendor lockout |
| Custody system | Exchange custody |
| Outcome | Survives |
| Documentation | Unknown |
| Year observed | 2015 |
| Country | India |
Structural dependencies observed
Outcome interpretation
Access remained possible under the reported conditions.
Source
Publicly Reported
Evidence type
News article
Evidence link
Related cases involving vendor lockout
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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