Regulation· ★★★★· neutral·

New York court to hear claim over 39,069 dormant Bitcoin wallets

  • —Lawsuit filed in New York over rights to 39,069 inactive wallets
  • —Combined holdings of those addresses estimated at nearly 3.8 million BTC
  • —Some addresses are attributed to Bitcoin creator Satoshi Nakamoto
  • —Legal experts say the claim is not entirely without legal merit
Why it matters: If the court treats dormant wallets as abandoned property, it could set a precedent for claims on millions of BTC and challenge the sanctity of private keys.
#BTC
Source: BTC-ECHO
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