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Thursday, September 3, 2026 · UTC
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crypto

Recovered 61 BTC from vanished Intersango exchange worth $4.8M

A former Intersango customer successfully recovered 61 BTC, proving old balances can yield millions despite the exchange closing over a decade ago.

TruthFoundry News Desk
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Stands on 8 placed sources from 2 publishers.
As of 2026-09-03 04:00 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
CEL Solicitors states it has traced more than 5,500 BTC that it believes belong to former users of Intersango, an early Bitcoin exchange that disappeared more than a decade ago. [1] One former UK customer recovered 61 BTC from the exchange's remains, settling the case on May 28 after instructing CEL on Jan. 20. [2] Bitcoin's pseudonymous nature makes it challenging to analyze user-level activity because a single user may control multiple identifiers known as addresses. [3] The authors propose a method for refining heuristic-obtained clusters by grounding the clustering on contrastive embeddings yielded by graph neural networks. [4] At Bitcoin's current price near $78,824, the traced coins carry a value of roughly $433.5 million. [5] CEL says former Intersango users may have claims against the traced pool, but each claimant needs evidence connecting an old account balance to the assets. [6] Current heuristic-based methods are prone to errors such as merging different users together. [7] Existing heuristic-based methods for identifying addresses belonging to the same user often produce flat cluster assignments with limited modularity. [8]
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  1. CEL Solicitors states it has traced more than 5,500 BTC that it believes belong to former users of Intersango, an early Bitcoin exchange that disappeared more than a decade ago. · cryptoslate.com
  2. One former UK customer recovered 61 BTC from the exchange's remains, settling the case on May 28 after instructing CEL on Jan. 20. · cryptoslate.com
  3. Bitcoin's pseudonymous nature makes it challenging to analyze user-level activity because a single user may control multiple identifiers known as addresses. · arXiv.org
  4. The authors propose a method for refining heuristic-obtained clusters by grounding the clustering on contrastive embeddings yielded by graph neural networks. · arXiv.org
  5. At Bitcoin's current price near $78,824, the traced coins carry a value of roughly $433.5 million. · cryptoslate.com
  6. CEL says former Intersango users may have claims against the traced pool, but each claimant needs evidence connecting an old account balance to the assets. · cryptoslate.com
  7. Current heuristic-based methods are prone to errors such as merging different users together. · arXiv.org
  8. Existing heuristic-based methods for identifying addresses belonging to the same user often produce flat cluster assignments with limited modularity. · arXiv.org
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