3 hours ago

New York’s Noah Doe’s Bitcoin Lawsuit Sparks $285B Crypto Ownership War

TLDR: New York lawsuit targets 39,069 dormant Bitcoin wallets holding nearly 3.79 million BTC assets. Plaintiff claims abandoned property laws apply to inactive Bitcoin wallets untouched for five years. Legal ownership may still fail to unlock BTC without access to the wallets’ private keys. Analysts raised concerns after notices allegedly targeted incorrect Bitcoin wallet address [...]

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Source: Blockonomi →