UK Court Hears Allegations of $176M Bitcoin Theft via CCTV Surveillance

A case before the High Court of Justice involves allegations that a man’s estranged wife used covert surveillance to steal a significant amount of Bitcoin. The claimant alleges that 2,323 BTC, valued at approximately $176 million, was taken from a Trezor hardware wallet in 2023.

According to court filings, the accused allegedly used a security camera to record sensitive information, including the wallet’s seed phrase and access codes. The funds were then reportedly transferred across 71 separate addresses. The claimant later installed recording equipment and claims to have captured conversations discussing the movement of funds.

Court Signals Strong Case as Investigation Continues

The court noted that no transactions have occurred from the wallets since December 2023. Law enforcement previously arrested the accused and seized digital storage devices, though no further action was taken pending additional evidence.

The presiding judge indicated the claimant has a strong likelihood of success based on the available material and absence of an alternative explanation. An early trial has been recommended, citing both security risks and the volatility associated with digital assets.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.