• A UK man has filed a Excessive Courtroom declare accusing his estranged spouse of taking 2,323 Bitcoin after allegedly acquiring the restoration phrase to his {hardware} pockets.
  • The Bitcoin, now value about US$172 million (AU$242.52 million), was moved throughout 71 addresses in August 2023 and has remained untouched since December that 12 months.
  • Police investigated the allegation and seized a number of crypto units, however stated no additional motion can be taken with out new proof.

A UK resident has accused his estranged spouse of stealing 2,323 Bitcoin from his {hardware} wallet in a case now continuing by the Excessive Courtroom of Justice. The cryptocurrency is valued at about US$172 million (AU$242.52 million) at right this moment’s costs.

In keeping with court docket filings, Ping Fai Yuen held the Bitcoin in a Trezor {hardware} pockets in 2023, secured with a PIN and a 24-word restoration phrase able to restoring entry to the pockets. 

Yuen alleges that his spouse, Enjoyable Yung Li, secretly used surveillance gear of their house to acquire the restoration phrase and entry the pockets with out his consent. The filings state that the Bitcoin was transferred from the pockets on 2 August 2023 earlier than being moved by a number of transactions and distributed throughout 71 completely different blockchain addresses. Courtroom paperwork point out the funds haven’t been moved since 21 December 2023 and aren’t held on alternate platforms.

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Audio Recordings Raised in Courtroom

Yuen put in audio recording gear within the house after his daughter warned him that Li was making an attempt to acquire the Bitcoin. Recordings cited within the court docket paperwork allegedly seize Li discussing surveillance cameras in the home and referring to the Bitcoin switch. 

After discovering the funds had been moved, Yuen confronted his spouse and assaulted her, later pleading responsible in 2024 to assault occasioning precise bodily hurt and two counts of widespread assault.

Police arrested Li in December 2023 and seized a number of chilly wallets and restoration seeds throughout a search of her house, although she was later launched and authorities stated no additional motion can be taken with out new proof.

Yuen is now in search of the return of the Bitcoin or its equal worth, together with court docket orders freezing the defendant’s crypto property.

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