Man Reclaims $4.4M in Bitcoin 12 Years After Exchange Collapse

A man reportedly recovered approximately $4.4 million in Bitcoin nearly 12 years after the collapse of the exchange that held it. The case highlights the long-running legal and administrative efforts required to return assets from failed crypto platforms, as well as Bitcoin’s substantial appreciation over the intervening period. It also underscores the importance of self-custody and maintaining reliable access credentials, since exchange failures can leave users unable to access funds for years.