British Man Accuses Wife of Stealing 2323 BTC from His Hardware Wallet Through Surveillance Camera, Currently Worth Approximately $172 Million

ZkProver · 2026-03-17T00:16:09+00:00

The UK High Court ruled that a case involving 2,323 stolen bitcoins can proceed to trial. The plaintiff Yuen claims his wife used surveillance cameras to steal the seed phrase for his hardware wallet and illegally transferred the bitcoins. After undergoing multiple transactions, the stolen bitcoins have been dispersed across numerous addresses, which prompted Yuen to physically assault his wife. Although the court acknowledged certain points made by the defendant, it still permitted the case to continue.

ZkProver

2026-03-17 00:16:09

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ChainCatcher News: The UK High Court ruled last week that a lawsuit involving the theft of 2,323 Bitcoins can proceed to trial. The plaintiff, Ping Fai Yuen, stated in court documents that his estranged wife, Fun Yung Li, secretly accessed his Trezor hardware wallet’s seed phrase using home surveillance cameras in August 2023 and transferred the 2,323 Bitcoins without permission. At the time, the stolen coins were worth nearly $60 million; at the current price of approximately $74,000 per Bitcoin, they are now worth about $172 million.

Court documents show that the transferred Bitcoins were dispersed across 71 unhosted blockchain addresses after multiple transactions, and no further transfers have occurred since December 21, 2023. Yuen claimed his daughter warned Li about attempting to steal the Bitcoins, leading him to install recording devices at home. After discovering the transfers, Yuen assaulted Li physically and pleaded guilty in 2024 to charges of actual bodily harm and two counts of common assault.

Li previously filed a motion to dismiss the case, arguing that the plaintiff’s core claim of “conversion” applies only to tangible property and not to digital assets like Bitcoin. The judge agreed with this view but ruled that the case could proceed to trial based on other legal claims.

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