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Man recovers $5 million in Bitcoin after 12 years

A British Bitcoin investor, identified only as Chris, has recovered more than £3.3 million ($5 million) in cryptocurrency after being unable to access it for 12 years. The investor originally put around £1,500 into Bitcoin in 2011 after a friend convinced him of its potential value. At the time, Intersango, a UK cryptocurrency exchange, was handling the purchase.

By 2014, Intersango faced financial difficulties. Chris sought to withdraw his funds, valued at roughly $5,400, but found his account frozen, effectively trapping his Bitcoin. Over the subsequent years, Bitcoin experienced significant price fluctuations, including dramatic crashes and recoveries. Chris watched helplessly as the value of his investment soared, yet remained unable to access his coins.

The situation remained unchanged until his wife suggested contacting specialists who focus on recovering lost cryptocurrency. In 2026, these experts, along with legal counsel, employed blockchain tracing to link Chris's Bitcoin to the failed exchange. After months of effort, 61 Bitcoin were successfully recovered in May 2026. This singular event transformed Chris's modest investment into a multimillion-pound fortune.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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