A $293 billion fight over Satoshi’s Bitcoin just got a lot more complicated
The post A $293 billion fight over Satoshi’s Bitcoin just got a lot more complicated appeared on BitcoinEthereumNews.com. A lawsuit seeking legal ownership of long-dormant Bitcoin addresses, including wallets tied by researchers to Bitcoin’s earliest mining era, has narrowed after the plaintiffs dropped 44 defendants that moved funds after the case was filed. The July 7 voluntary discontinuance removes only a small slice of the 39,069 wallets targeted by the case. But the filing has sharpened scrutiny of the plaintiffs’ central claim that inactivity on a blockchain can support a court declaration that the assets have been abandoned. The lawsuit, filed in New York County Supreme Court by ABC Company, XYZ Company and a pseudonymous plaintiff known as Noah Doe, asks the court to recognize the plaintiffs as owners of wallets they say were found, reported to police, and left unclaimed after a notice campaign. The case has drawn attention because the addresses collectively hold millions of B