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Lawsuit seeks ownership of 39,069 dormant Bitcoin wallets holding $285B in BTC.

Market News
25 May 2026
Crypto news
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Neutral
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Noah Doe filed a lawsuit in New York seeking legal ownership of 39,069 dormant Bitcoin wallets containing an estimated 3.7 million BTC worth about $285 billion. The wallets include addresses linked to Bitcoin creator Satoshi Nakamoto and the Mt. Gox hacker. Doe claims the wallets are abandoned property under New York law after discovering a security flaw that locked owners out. If the court agrees, it could set a precedent for how abandoned self-custodied crypto assets are treated legally, a currently unresolved issue.

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