Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

NY court asked to declare 3.8M dormant BTC as abandoned property, risking legal issues for holders.

Market News
03 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

A lawsuit filed in New York seeks to classify 39,069 dormant Bitcoin addresses holding about 3.8 million BTC, including wallets believed to belong to Bitcoin's creator Satoshi Nakamoto, as abandoned property. The plaintiffs do not hold the private keys but want a court declaration that the coins are lost property under state law. This could complicate transactions and custody for long-term Bitcoin holders and exchanges if the ruling stands. A key development was a recent transaction from one dormant address, challenging the abandonment claim. A hearing on the case is scheduled for July 14, 2026, with potential input from industry and government groups on digital property laws.

More News

Over 50 companies develop 55+ drugs for diabetic retinopathy, focusing on novel therapies like Tarcocimab and THN391.

Over 50 companies develop 55+ drugs for diabetic retinopathy, focusing on novel therapies like Tarcocimab and THN391.

The "Diabetic Retinopathy - Pipeline Insight, 2026" report reveals that more than 50 companies are developing over 55 drugs targeting diabetic retinopathy, a leading cause of vision loss in diabetics. Key drugs in late-stage development include Tarco...

Others
Bullish
54 minutes ago
Christian Dior reports total shares and voting rights as of June 30, 2026.

Christian Dior reports total shares and voting rights as of June 30, 2026.

Christian Dior SE disclosed its monthly update on the total number of shares and voting rights composing its share capital as of June 30, 2026. The company reported 180,507,516 total shares and a gross total of 356,945,619 voting rights, with a net t...

Company Fundamentals
Neutral
54 minutes ago
Osteosarcoma drug pipeline grows with 25+ companies developing 32+ therapies including Phase III ADC and CAR-T treatments

Osteosarcoma drug pipeline grows with 25+ companies developing 32+ therapies including Phase III ADC and CAR-T treatments

The osteosarcoma treatment pipeline features over 25 companies developing more than 32 drugs, highlighting strong R&D activity in this bone cancer field. Key drugs in late-stage trials include HS-20093, an antibody-drug conjugate targeting B7-H3, and...

Others
Bullish
55 minutes ago
Shenzhen Chamber leads delegation to Germany to boost China-Europe new energy cooperation.

Shenzhen Chamber leads delegation to Germany to boost China-Europe new energy cooperation.

The Shenzhen Chamber of Commerce, led by President Lin Hui, visited Munich to attend The smarter E Europe exhibition, focusing on new energy collaboration between China and Europe. The delegation engaged with European companies on photovoltaics, ener...

Market News
Bullish
55 minutes ago
UBS Group AG reduces stake in Bang & Olufsen below 5% as of July 1, 2026

UBS Group AG reduces stake in Bang & Olufsen below 5% as of July 1, 2026

UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have fallen below 5% as of July 1, 2026. UBS now holds 6,784,164 shares, representing 4.60% of the total share capital and voting rights in Bang & Olufsen. This upda...

Market News
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App