Man Recovers £3.3M Bitcoin Wallet After 12 Years
An anonymous British investor named Chris recovered approximately £3.3 million worth of Bitcoin after losing access to his account in 2014 through the now-defunct exchange Intersango. The funds, originally deposited as a small investment in 2011, were frozen when the platform disappeared and remained inaccessible for over a decade until legal action helped reclaim them. Chris's case is notable because it involved proving ownership of assets held by an external company rather than relying on physical storage like James Howells' infamous lost hard drive. Legal firm CEL Solicitors assisted in gathering evidence, leading to negotiations that resulted in the transfer of dozens of Bitcoin into Chris’s control. The recovery highlights both the potential for long-lost crypto fortunes and the challenges involved. The story emerges as Bitcoin approaches a key price level near $80,000–$86,000 where supply walls could influence its trajectory.
Topics: Bitcoin Intersango lost funds wallet recovery