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IT
New Research Reveals a Potential $5.4 Billion Crypto Black Hole No One Is Talking About
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Financial IT
With average crypto investments of $22,000 among this group, the total value at risk reaches a potential $5.4 billion.
This is not just a standard wallet recovery issue: in an inheritance scenario, the person trying to access the assets changes.
And the research shows that many investors – and the people they leave behind – are unprepared for this reality.
Nearly three quarters (72%) have also experienced or witnessed a crypto access “close call”, such as a lost seed phrase, device failure or forgotten password,Despite this, action remains limited.
Over half (52%) of those surveyed have made no provision for their crypto in their estate planning.