ME News reports that on June 6 (UTC+8), a Bitcoin address that had been inactive since March 2011 transferred 35.55 BTC it had held. This address is linked to a New York lawsuit involving 39,069 wallets. The case was filed under the pseudonym plaintiff Noah Doe and two Wyoming LLCs, seeking legal ownership of approximately 3.8 million BTC under New York’s abandoned property laws. Relevant defendants were notified via OP_RETURN dust transactions embedded in the blockchain; another address from 2011 also recently saw a transfer. (Source: ODAILY)
A 2011 Bitcoin address linked to a $28.5 billion lawsuit transfers funds after 14 years of inactivity.
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Summary
A Bitcoin address linked to a $28.5 billion lawsuit under CFTC regulations transferred 35.55 BTC on June 6. The address, inactive since 2011, is connected to a New York case involving 39,069 wallets. Plaintiff Noah Doe and two Wyoming LLCs are claiming ownership of 3.8 million BTC under lost property laws. Defendants were notified via OP_RETURN dust transactions. A second address from the 2011 era also experienced movement. The Bitcoin ETF approval timeline remains closely monitored amid regulatory scrutiny.
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