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Dormant 2011 Bitcoin wallet moves coins amid $285B NY lawsuit over lost BTC ownership

Market News
06 Jun 2026
Coindesk
View Source
Neutral
pluang ai news

A Bitcoin wallet holding 35.55 BTC since 2011 moved coins for the first time amid a $285 billion lawsuit in New York claiming ownership of 3.8 million dormant bitcoins. The lawsuit, filed in March 2026 by a pseudonymous plaintiff "Noah Doe" and two Wyoming LLCs, uses blockchain notices to notify defendants. The wallet's move, occurring after the legal notice period expired, is one of the first public responses from defendants in the case. This highlights that some early Bitcoin holders still control their coins despite claims they were abandoned. The market is also reacting amid a recent Bitcoin price drop near $70,000.

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