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NY judge pauses $235B lawsuit over dormant Bitcoin wallets, delaying ownership claims.

Market News
07 Jun 2026
Tokenpost
View Source
Neutral
pluang ai news

A New York judge has temporarily halted a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets holding about 3.8 million BTC, worth roughly $235 billion. The plaintiffs argue that unclaimed Bitcoin should be treated as lost property, but legal experts and opponents say such laws don't apply to digital assets. The case also involves wallets linked to early Bitcoin activity and the Mt. Gox hack, complicating ownership claims. A court hearing on July 14 will decide if the lawsuit proceeds, potentially impacting future cryptocurrency ownership laws.

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