PANews丨APP全面升级|May 28, 2026 03:00
Unbelievable! Someone is suing for ownership of 40,000 dormant Bitcoin wallets!
Using an algorithm, someone scanned and identified nearly 40,000 Bitcoin wallets that have been dormant for over 5 years, engraved the addresses onto a USB drive, reported it to the NYPD, and set up a website for claims. After 90 days of no claims, they declared them 'unclaimed'—then went to a New York court to sue for ownership of these wallets.
Wallets involved: 39,069
Estimated BTC held: ~3.8 million
Current valuation: ~$286 billion
What they actually have: A lawsuit, no private keys (!!!)
Case number: 153119/2026, officially filed in the New York Supreme Court on May 1, 2026.
The plaintiff, appearing under the pseudonym 'Noah Doe,' filed the lawsuit in conjunction with two Wyoming LLCs, citing New York's abandoned property law:
They argue that these long-unused wallets qualify as 'abandoned property' and should be claimable.
But here’s the issue: A court ruling means nothing in the face of blockchain! Without private keys, no ruling (not even from the President) can move a single satoshi of BTC.
So, what’s the point of all this?
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