| Mobile Web

Search results for Noah

Crypto

New York court pauses lawsuit seeking ownership of 39,069 dormant bitcoin wallets

A New York court has temporarily paused proceedings in a lawsuit seeking to transfer ownership of tens of thousands of bitcoin wallets to the plaintiffs. The pause will remain in place until a July 14 hearing on an amicus brief. The case targets 39,069 addresses claimed to be lost or abandoned, but a recent transfer of about 35.55 bitcoin from a long-dormant address linked to the lawsuit has raised questions about that assertion.

Crypto

Lawsuit in New York seeks control of 3.7 million dormant bitcoin including Satoshi addresses

A lawsuit has been filed in a New York court seeking transfer of ownership of long-dormant bitcoin wallets, including addresses linked to Satoshi Nakamoto and the Mt. Gox hack. The plaintiff, using the name Noah Doe, argues under New York’s lost property law that inactive bitcoin should be treated as abandoned. The case targets 39,069 wallets said to hold about 3.7 million bitcoin, valued at about $290 billion, but industry figures question whether any ruling could be enforced.

Crypto

Ripple\'s former CTO mocks lawsuit seeking ownership of dormant bitcoin wallets, including ones linked to Satoshi

A lawsuit has been filed in a New York court seeking legal ownership of more than 39,000 dormant bitcoin wallets, including ones believed to belong to Satoshi Nakamoto. The claimant, identified as Noah Doe, asked the court to recognise ownership of wallets holding a total 3.79 million BTC. Ripple’s former chief technology officer David Schwartz mocked the case on X, saying Bitcoin SV would recognise it. The article notes bitcoin lacks a central authority to enforce such rulings.