Briton's £3m Lost Bitcoin Recovered After Decade-Long Struggle

A British man has become an overnight multi-millionaire after his lost Bitcoin was recovered by CEL Solicitors. The cryptocurrency, worth over £3 million at current market rates, had been inaccessible for more than a decade due to the collapse of the UK's first Bitcoin exchange, Britcoin.

The individual, who wishes to remain anonymous, purchased his initial 1,500 Bitcoins in December 2011 through Intersango, which later became Britcoin. He lost access to his wallet after Intersango went bust and users were unable to withdraw their funds.

CHEL Solicitors used specialist crypto-tracing software to identify a wallet containing over 5,500 Bitcoin, believed to belong to Intersango users. The firm's director of financial litigation, Ryan Sweetnam, stated that recovery is possible and could be 'life-changing' for those who lost their Bitcoin.