New York lawsuit tests lost property claim over dormant Bitcoin
A New York lawsuit seeks ownership of 39,069 dormant Bitcoin wallets, raising questions over lost crypto, private keys and property law.
Cointelegraph·

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Read full articleA New York lawsuit seeks ownership of 39,069 dormant Bitcoin wallets, raising questions over lost crypto, private keys and property law.
A New York man identified in court documents only as Noah Doe has filed a lawsuit in the Supreme Court of the State of New York seeking legal ownership of 39,069 abandoned Bitcoin wallets — assets he discovered using a self-developed algorithm, reported to the NYPD in compliance with lost and found property law, and spent over a year attempting to return to their rightful owners before filing suit. Related Reading: American Mega Bank Is Dumping Its Ethereum Holdings, Here’s What It’s Buying The First Amended Complaint, filed May 1, 2026, under index number 153119/2026 and filed through Brooklyn-based law firm Lewis & Lin LLC, lays out one of the most unusual property cases in crypto’s short legal history. Noah Doe is not a hacker. He is not a thief. Under New York Personal Property Law Article 7-B, he is arguing he is a finder — and that title to the abandoned wallets vested in him by operation of law after all reasonable efforts to locate their owners failed. How He Found The Bitcoin
A New York lawsuit is seeking a court declaration over tens of thousands of long-dormant Bitcoin addresses that one outside analysis says collectively hold about 3.79 million BTC. The case, brought by “Noah Doe” and two Wyoming LLCs, attempts to frame inactive self-custodied crypto addresses as abandoned property under New York lost-and-found law. The filing, […]
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