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British man recovers £3.3M in Bitcoin lost for 12 years after exchange shutdown.

Market News
01 Sep 2026
Coinpaper
View Source
Bullish
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A British man named Chris recovered Bitcoin worth about £3.3 million that he had effectively lost for 12 years after the early exchange Intersango went offline in 2014. He originally bought Bitcoin in 2011 for £1,500 when the price was just a few pounds, but his account was frozen and inaccessible due to the unregulated status of the exchange. After legal efforts through a specialist firm, the Bitcoin was returned amid a strong market rally, allowing Chris to plan selling some to buy a bigger home while keeping some invested. This case highlights potential recoveries for other former Intersango users and the legal complexities of early crypto asset retrieval.

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