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Bitcoin address moves 411 BTC after 13 years, raising ownership questions in NY court case

Market News
19 Oct 2026
Tokenpost
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Neutral
Bitcoin address moves 411 BTC after 13 years, raising ownership questions in NY court case

A Bitcoin address involved in a New York ownership dispute moved 411.45 BTC (about $33.4 million) on October 18, ending over 13 years of inactivity. This transaction, confirmed in block 972,036, came from an address that had not sent coins since 2013. The move complicates a legal case where plaintiffs claim ownership of nearly 40,000 allegedly abandoned wallets, as it shows someone still controls this address. However, the transaction does not reveal who authorized it, nor does it resolve the broader ownership dispute.

Bitcoin wallet activity is the subject, providing context for cryptocurrency markets. For readers following crypto, here is Pluang's market snapshot as of Oct 20, 2026 10:41 WIB: Among 50 major cryptocurrencies, 24 rose and 25 fell. Notable movers include BAL at Rp16.297 with an 11.14% increase, EOS at Rp12.649 up 8.13%, and SAND at Rp1.037 down 6.64%, with a typical hold time of 123 days and order activity of 44% Sell / 56% Buy.

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