British man recovers 61 Bitcoin worth $4.4 million after 12-year legal dispute
Odaily News: A British man named "Chris" has recovered 61 Bitcoin after a 12-year legal dispute following the shutdown of UK cryptocurrency exchange Intersango in 2014, now worth approximately $4.4 million.
Chris purchased the Bitcoin in 2011 and left the assets under the exchange's custody without transferring them to a self-custody wallet. Intersango, formerly known as Britcoin, was among the first UK exchanges to offer Bitcoin trading against the pound.
Ryan Sweetnam, Director of Financial Litigation at CEL Solicitors, assisted in recovering the assets. The firm spent four months preparing and submitting required documents to US courts, and the return was ultimately completed through negotiation. Chris said he now opens the wallet containing his Bitcoin about 20 times a day. (Bitcoin.com News)
