An opposing party has emerged in a New York lawsuit over ownership of long-dormant bitcoin holdings worth more than $200 billion, including coins widely believed tied to Satoshi Nakamoto. A pseudonymous respondent, John Doe 33, filed a notice to appear and said he would answer the case. Plaintiffs seek ownership of about 3,799,000 bitcoin linked to 39,069 inactive addresses under New York’s abandoned property law. The dispute centres on whether inactivity can legally indicate loss or abandonment.

Travel Wallet, a global foreign exchange payments fintech company, said on Wednesday it selected NH Investment & Securities and KB Securities as lead managers for its initial public offering. The selection followed a request-for-proposal process and competitive presentations among major domestic brokerages. The company provides app-based foreign currency top-ups and overseas payment services. As of June, it has issued 9.6 million cards and recorded cumulative transaction volume exceeding 9.8 trillion won.