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Bitcoin Investor Recovers $4.5 Million From Coins Thought Lost in 2012

A British investor has recovered $4.5 million in bitcoin after believing about $2,000 worth of coins were lost in 2012. CEL Solicitors linked the case to a wallet holding more than 5,500 BTC.

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Bitcoin Investor Recovers $4.5 Million From Coins Thought Lost in 2012
A British investor who believed he had lost about $2,000 in bitcoin in 2012 has recovered assets now valued at $4.5 million, according to CoinDesk. The case is linked to former users of Intersango, a bitcoin exchange. CEL Solicitors said it identified a wallet containing more than 5,500 BTC connected to those users. The reported recovery highlights the potentially significant value of bitcoin holdings that were considered inaccessible for years. The information concerns Bitcoin (BTC) and does not indicate any broader market move or change in the cryptocurrency’s price. CEL Solicitors’ identification of the wallet provides the basis for the recovery reported by CoinDesk.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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