Hong Kong Trader Alleges Theft of 2,323 Bitcoin in UK High Court Case

The UK High Court is hearing claims that 2,323 BTC was taken after a Trezor PIN and seed phrase were allegedly filmed, with a judge describing the evidence as devastating and issuing a worldwide freezing order.

BTC

Summary

Hong Kong finance KOL Yuan Binghui alleges that his estranged wife and her sister stole 2,323 BTC after secretly filming the PIN and seed phrase for his Trezor hardware wallet in Brighton. The dispute has moved to the UK High Court, where a judge described the evidence as "devastating" and granted a worldwide freezing order in March 2026. The case focuses on alleged unauthorized access to Bitcoin held in offline storage using wallet recovery credentials.

Terms & Concepts
  • Trezor: A hardware wallet device used to store cryptocurrency private keys offline for added security.
  • Seed phrase: A set of recovery words that can restore access to a crypto wallet and authorize control of its funds.
  • Worldwide freezing order: A court order that prevents a party from moving or disposing of assets across jurisdictions while legal proceedings continue.