Missing Crypto Timeline Figures, April 2019 - @KyleSGibson 

Fg 1a

Fg 1b
Fg. 2a:​Includes only Bitcoin-related incidents in which the amount involved was known*, showing by day the cumulative amount of 
money involved in lost or stolen Bitcoin incidents, the price of Bitcoin according to Blockchain.com (and predominantly based on 
Mt Gox before 2014), and the estimated total value of the “Missing Bitcoins.” (*”Bitcoin-related” events with amount involved not 
publicly known were not included here, but are in other figures.)  
Totals: 61 incidents, $1.59 billion in cumulative “Missing Bitcoin,” 1,583,592.063 BTC involved. 
The total market value of publicly known “Missing Bitcoin” almost reached $30 billion in late 2017, early 2018. 
 

 
Fg. 2b 
 
 
 
  
Fg. 2c: “Bear Market” following the early 2014 Mt Gox hack 
 
 
 
 
 
 

 
Fg 2d 
 
 
 
 
 
 
  
 
Fg 3a: I​ncidents involving Bitcoin going missing appear to be shrinking in size, denominated in Bitcoin. Though, they also appear to 
be happening more frequently, compared to the period before 2014… which was before the arrival of a broader exchange and wallet 
industry. 
 

 
Fg 3b 
 
 
  
Fg 3c: ​The longest apparent time of there being no publicized incident of lost or stolen Bitcoin happened just as the price bottomed, 
following the peak just before Mt Gox’s 2014 hack. 
 

 
Fg 3d: ​The Zaif Exchange hack in September 2019 was apparently the first major incident of lost or stolen Bitcoin, following the 
price run-up to ~$20,000. 
 
 
 
  
Fg 4a: E ​ thereum came after Bitcoin, and so naturally, incidents involving lost or stolen Ethereum didn’t occur until years after the 
first Bitcoin-related incidents. Ethereum-related incidents, though, have almost reached ~20 in a shorter period than those involving 
BTC. Missing Crypto incidents not involving either Bitcoin or Ethereum started occurring in 2015, apparently, and in about 3 years 
had as many as there were Bitcoin incidents in 5 years (2011-2016). 

 
Fg 4b: E
​ xchange-related incidents of Missing Crypto have apparently been happening at a steady rate of ~10-15 per year since 2011. 
  
Fg 4c: ​Missing Crypto incidents which involved a hack appear to have accelerated in 2018, compared to 2011-2017. Early 2018 was 
apparently an active time for pyramid and/or Ponzi schemes involving Bitcoin. 
 

 
Fg 5a: I​n early 2018, Missing Crypto events not involving Bitcoin or Ethereum started to involve larger amounts, than the incidents 
which did. Directly Ethereum-related incidents have involved much less; though, there are ERC-20 projects in “ALL” incidents… 
 
  
Fg 5b: T
​ he iFan Coin incident in April 2018 ($650m involved) and OneCoin ($400m, September 2018), as well as the Coincheck 
exchange hack ($400m, late January 2018) are the incidents which come closest to Mt Gox’s record hack in 2014. 
 

 
Fg 5c: ​Publicly known ransomware incidents involving stolen crypto have not garnered as much as other methods of theft, it appears, 
though there could be much more lost to ransomware than is publicly reported. Same goes for hacks, pyramid and Ponzi schemes. 
 
 
$ Amount
Incident Type Incidents Missing, M % of All Missing Bitcoin $ Value, 3-30-19, M % Change
All 121 3842.868 100.00%
Bitcoin Related 78 2286.832 59.51%
Bitcoin Related -
Amt Known 61 1594.732 41.50% 1583592.1 6438.632 75.23%

Ethereum Related 20 302.732 7.88% 4410196.0 623.822 51.47%

Exchange Related 52 1742.861 45.35% 1478225.0 6010.226 71.00%

ICO Related 20 1120.340 29.15% 56485.1 229.659 -387.83%
Hack 69 1617.452 42.09% 1193380.0 4852.092 66.66%

Pyramid / Ponzi 16 1724.692 44.88% 208395.1 847.301 -103.55%

Ransomware /
Extortion 9 5.641 0.15% 56485.1 229.659 97.54%
 
Fg 6a 
 
 

Amt. BTC Gone

Year Incidents (ALL) Missing Missing BTC $ Value, 3-30-19, M $ Change
2011 5 2.800 203406 827.016 29436.29%
2012 6 6.551 282708 1149.445 17446.11%
2013 13 66.801 58842 239.242 258.14%
2014 6 470.991 664953 2703.593 474.02%
2015 11 43.494 83964 341.384 684.90%
2016 7 184.737 122810 499.326 170.29%
2017 24 524.345 74970 304.816 -41.87%
2018 33 2367.962 65443 266.081 -88.76%
2019 16 175.187 26496 107.728 -38.51%
 
Fg 6b