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

SmartContractAuditor · 2026-03-17T00:21:08+00:00

Odaily Planet Daily News: A UK High Court ruled last week that a lawsuit involving 2,323 stolen bitcoins can proceed to trial. Plaintiff Ping Fai Yuen stated in court documents that his estranged wife Fun Yung Li secretly obtained the recovery seed phrase for his Trezor hardware wallet using home surveillance cameras in August 2023, and transferred 2,323 bitcoins without authorization. The stolen bitcoins were worth nearly $60 million at the time of theft and are now worth approximately $172 million at the current price of approximately $74,000 per bitcoin.Court documents show that the transferred bitcoins were dispersed across 71 non-exchange blockchain addresses after multiple transactions and have not been moved since December 21, 2023. Yuen stated that his daughter had warned Li about attempting to steal the bitcoins, and subsequently he...

SmartContractAuditor

2026-03-17 00:21:08

Odaily Planet Daily News: The UK High Court last week ruled 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 2,323 Bitcoins without permission. At the time, the stolen amount was worth nearly $60 million; at the current price of approximately $74,000 per Bitcoin, it is now worth about $172 million.

Court documents show that the transferred Bitcoins were split into multiple transactions and dispersed across 71 unmanaged blockchain addresses, with no further transfers since December 21, 2023. Yuen claimed that his daughter warned Li about attempting to steal the Bitcoins, after which he installed 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.

Previously, Li filed a motion to dismiss the case, arguing that the plaintiff’s core claim of “conversion” only applies to tangible property and does not apply 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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