# Insolvency Service appoints first dedicated crypto specialist to help recover online assets such as Bitcoin

Enforcement action (9 June 2025): The Insolvency Service appointed its first dedicated crypto specialist to trace and recover digital assets in insolvency cases. Relevant if a platform fails or you are an executor dealing with a deceased person's wallets. Official detail is on gov.uk.

## Why a specialist role matters

Crypto insolvencies involve blockchain tracing, exchange subpoenas, and cold-wallet recovery — skills rare in traditional insolvency. A dedicated specialist signals that UK authorities treat digital assets as recoverable property in formal proceedings.

## For platform customers

If a firm enters insolvency, join the creditor process promptly and submit proof of holdings with wallet addresses and transaction IDs. Recovery may take years.

## For executors and families

When someone dies holding crypto, executors need wallet access instructions and exchange records. Our executor journey explains practical steps.

## Sources

- [Primary source](https://www.gov.uk/government/news/insolvency-service-appoints-first-dedicated-crypto-specialist-to-help-recover-online-assets-such-as-bitcoin)

---

— Digital Assets UK (https://digital-assets.co.uk/news/insolvency-service-appoints-first-dedicated-crypto-specialist-to-help-recover-on/), reviewed 2025-06-09. Source: https://www.gov.uk/government/news/insolvency-service-appoints-first-dedicated-crypto-specialist-to-help-recover-online-assets-such-as-bitcoin