Satoshi’s Bitcoin Saved? Digital Chamber Steps In to Protest $240 Billion Court Seizure
The post Satoshi’s Bitcoin Saved? Digital Chamber Steps In to Protest $240 Billion Court Seizure appeared on BitcoinEthereumNews.com. The Digital Chamber, a lobbying organization for the crypto industry, has filed an expert amicus brief with the New York State Supreme Court, urging the court to dismiss a lawsuit seeking to classify 3.8 million BTC as “abandoned property.” The reason for the lawyers’ emergency intervention was an unprecedented lawsuit filed by an anonymous claimant, identified in court documents under the judicial pseudonym Noah Doe, who is trying to use New York’s 1958 lost-property law, Personal Property Law Article 7-B, to obtain rights to 39,069 inactive crypto wallets. Table of contents of Digital Chamber’s second amicus brief to NY Supreme Court, Source: Unified State Court System The list also includes addresses linked to Bitcoin creator Satoshi Nakamoto, while the total value of the Bitcoin at risk is estimated at $240 billion. Ripple Exec: Washington Can’t Igno