Odaily Planet Daily reports: A Bitcoin address that had been inactive since March 2011 transferred 35.55 BTC this week. This address is linked to a lawsuit in New York involving 39,069 wallets. The case was filed by the pseudonymous plaintiff Noah Doe and two Wyoming LLCs, seeking legal ownership of approximately 3.8 million BTC under New York’s abandoned property laws. The defendants were notified via OP_RETURN dust transactions embedded in the blockchain; another address from 2011 also recently saw a transfer.
A $2.85 billion Bitcoin lawsuit address transfers after 14 years of inactivity
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Summary
A $2.85 billion Bitcoin lawsuit connected to a 14-year-old address saw 35.55 BTC transferred this week. The case involves 39,069 wallets linked to plaintiff Noah Doe and two Wyoming LLCs seeking ownership of 3.8 million BTC under New York’s lost property laws. Defendants were notified via OP_RETURN dust transactions. The case may face scrutiny under CFT (Countering the Financing of Terrorism) regulations. Another address from the 2011 era also made a recent transfer, raising questions about the timing of the Bitcoin ETF approval.
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