Markets· ★★★· neutral·

Wallet Named in Noah Doe Lawsuit Moves $33 Million in Bitcoin

  • —411.45 BTC sent in a single transfer to an unlabeled address, not an exchange
  • —Coins cost about $54,000 when funded in 2013 at roughly $130 per BTC
  • —Paper gain for the holder exceeds 64,000%, per Galaxy
  • —Address tagged as Noah Doe #970 among 39,069 wallets in the lawsuit
Why it matters: Spending the coins requires private keys, undercutting the lawsuit's claim that the wallets are abandoned and adding to a wave of old Bitcoin waking up.
#BTC
Source: Decrypt
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