First Investment and Loss In 2011, the investor, who used the alias Chris, bought Bitcoin on the crypto exchange Intersango with £1,500 (about $2,000).
By the end of 2012 he had stopped trading on the platform, and by early 2014 the exchange had vanished entirely.
Chris lost access to his Bitcoins and almost accepted that his investment was gone.
Data Recovery and Reaccess Data‑recovery specialists identified a wallet linked to Intersango customers that contained more than 5,500 Bitcoins.
After ownership verification and legal procedures were completed, Chris regained access to 61 Bitcoins.
New Wealth and Plans The value of those Bitcoins is now around $4.5–$5 million.
Chris plans to use part of the proceeds to help his son pay off a mortgage, while he intends to hold the rest in hopes that the price will continue to rise.
The decade‑long loss of access has made him cautious.
British Investor Recovers 61 Bitcoins After 12 Years, Builds $5 Million Fortune
A British investor reclaimed 61 Bitcoins he thought lost 12 years ago, turning them into a fortune worth roughly $4.5–$5 million.
Sources
- Vietnam.vn · baglanti