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I lost my wallet seed phrase

The situation

Morgan held self-custody ethereum but lost the recovery phrase. The wallet is inaccessible.

Quick answer

Lost access may be treated as a disposal for tax in some circumstances with evidence — but the crypto is likely gone permanently. No bank or exchange can restore it.

What to do

  1. Search all backups before assuming loss
  2. Document attempts to recover
  3. Seek professional tax advice if claiming a capital loss

Not financial or tax advice. Updated June 2026.