New York Court Halts Bitcoin Wallet Lawsuit, Schedules July 14 Hearing on Amicus Brief

TLDR: A NY judge stayed the Noah Doe lawsuit on June 5, halting any default judgment on 39,069 dormant wallets.  An amicus brief argues NY’s lost-and-found statute cannot legally apply to dormant bitcoin wallet addresses. The targeted wallets hold an estimated 3.8 million BTC worth around $234 billion, per Galaxy Research analysts. Several dormant defendant [...]

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