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In the UK, a man has accused his wife of stealing $172 million in Bitcoin., 2026/03/17 12:17:25
A resident of the United Kingdom has accused his spouse of misappropriating 2323 BTC, valued at approximately $172 million. According to his account, she gained access to the cryptocurrency wallet by recording the seed phrase using surveillance cameras installed in their home.
The plaintiff’s attorneys, representing Ping Fai Yuen, assert that his wife, Fun Yung Li, collaborated with her sister to utilize the cameras to obtain the seed phrase, subsequently transferring 2323 BTC to over 70 different addresses. Court documents indicate that the last transaction was recorded on December 21, 2023. Following this, no further movement of funds was observed.
Yuen stated that he was alerted to a potential attempt to seize the assets by his daughter. In response, he installed audio recording devices in their home. The plaintiff claims to have captured a conversation that he believes substantiates the transfer of funds.
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After discovering the transfer, he contacted law enforcement. During the investigation, hardware wallets and the seed phrase were confiscated from the defendant; however, she was later released on bail. Subsequently, authorities reported that no further actions were taken while awaiting additional evidence.
In November 2025, approximately two years after the alleged incident, Yuen petitioned the High Court of the United Kingdom to freeze the cryptocurrency assets associated with the defendant. He is also seeking a declaration of ownership over the bitcoins and their return or compensation in an equivalent fiat amount.
The court noted that the evidence presented, including recorded conversations and seized devices, appears compelling. Meanwhile, the defendant did not provide an alternative explanation for the movement of funds.
Should there be no agreement between the parties, the case will proceed to the next phase of litigation. The judge also advised expediting the process, highlighting the risks associated with asset security and bitcoin volatility.
Previously, the French prosecution reported an attack on a married couple residing in the country: assailants, posing as police officers, stole bitcoins valued at around €900,000 (approximately $1 million) from them.
