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.