Bitcoin News: 61 BTC Returned After 12 Years Frozen in Intersango Account

In Bitcoin news today, a British investor, identified only as Chris, has recovered all 61 Bitcoin he lost access to more than 12 years ago after the collapse of the early UK exchange Intersango.

The holdings are worth roughly £3.3M. His individual claim was resolved through negotiation rather than a courtroom decision after lawyers assembled records to establish that the coins belonged to him.

Chris invested £1,500 in Bitcoin in 2011, when the cryptocurrency traded at around £2.94 per coin. He bought through Britcoin, which later became Intersango. According to CEL Solicitors, which handled the claim, he instructed the firm in January 2026, and the case was settled on May 28, roughly four months later.

Establishing ownership required historical bank statements, emails, exchange records and documents prepared for proceedings in US courts. CEL Solicitors has said more than 5,500 BTC connected to former Intersango users have been traced, although each claimant must establish ownership of specific holdings.

SOURCE: TradingView

Bitcoin News Today: From Frozen Account to Negotiated Settlement

Intersango attracted thousands of users during Bitcoin's early years before running into trouble in late 2012. Its website went offline in early 2014, and customers attempting withdrawals received no response. Chris found his account frozen when he tried to move his coins, which were then worth roughly £4,000.