New York Lawsuit Seeks to Claim Ownership of 39,069 Dormant BTC Wallets
Share:
On May 1, 2026 Noah Doe and two Wyoming LLCs filed a New York lawsuit seeking court-ordered ownership of 39,069 dormant Bitcoin wallets holding roughly 3.79 million BTC, including early miner addresses and those attributed to Satoshi Nakamoto, after reporting them to the NYPD and issuing on-chain notices. The case raises novel crypto legal questions about applying traditional abandoned property and lost-property laws to blockchain wallets, creating regulatory and market uncertainty for Bitcoin ownership, custody, and broader DeFi/CEX implications.
Predictions Markets
See what traders are focused on
- A New York lawsuit filed by Noah Doe and two Wyoming LLCs seeks ownership of 39,069 dormant Bitcoin wallets.
- The plaintiffs claim that the dormant Bitcoin wallets were legally “abandoned” property that they found.
- The case raises questions about applying traditional lost property laws to cryptocurrency.
On May 1, 2026, “Noah Doe” and two Wyoming Limited Liability Companies (LLCs) filed a New York lawsuit seeking court-ordered ownership of 39,069 dormant Bitcoin (BTC) addresses holding roughly 3.79 million BTC, including early miner addresses and those attributed to Satoshi Nakamoto.
The plaintiffs argue that the dormant Bitcoin addresses qualify as abandoned property under state law after reporting them to the New York Police Department (NYPD) and issuing on-chain press notices.
New York Lawsuit Seeks Ownership of 39,069 Dormant BTC Addresses
Accor…
Read The Full Article New York Lawsuit Seeks to Claim Ownership of 39,069 Dormant BTC Wallets On Coin Edition.
Read More
Eric Trump’s American Bitcoin forces 1-for-15 reverse split to avoid Nasdaq delisting amid 8k BTC holding
