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Bitcoin Battle: Husband Sues Wife for $172 Million Theft

3/18/2026

23 3 Full Breakdown

Summary

Story summary

Ping Fai Yuen sues his estranged wife Fun Yung Li for allegedly stealing 2,323 Bitcoin valued at $172 million from his hardware wallet.
Yuen claims Li secretly recorded him to obtain the wallet seed phrase.
He says Li transferred the funds in August 2023.
High Court indicates a high probability of Yuen's success and urges expedited trial due to Bitcoin's volatility, and the case could influence UK cryptocurrency ownership rulings.

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Story summary

Ping Fai Yuen sues his estranged wife Fun Yung Li for allegedly stealing 2,323 Bitcoin valued at $172 million from his hardware wallet.
Yuen claims Li secretly recorded him to obtain the wallet seed phrase.
He says Li transferred the funds in August 2023.
High Court indicates a high probability of Yuen's success and urges expedited trial due to Bitcoin's volatility, and the case could influence UK cryptocurrency ownership rulings.