Crypto Law Review

Journal stretching legal imaginaries — onchain, offchain, and against the chain. ISSN 2689-9612

[Crypto Law Review @CryptoLawRev]

@annbrody7 Another point of divergence is the different communities’ conceptions of the public & public networks — & their respective capabilities, aspirations wrt same — https://t.co/2wudm6Z5ET

[Crypto Law Review @CryptoLawRev]

Or you could burn it down & not launch a new chain … lol

[Jungle Inc | Markets & Future Systems @jungleincxrp]

Charles is considering the “nuclear option” 🤯

Burn down Cardano and launch a new chain

Proof of Burn 🔥

[Etc. @ec265]

@eth_exy I’m not sure what you meme

[Crypto Law Review @CryptoLawRev]

@elonmusk You should accelerate with @VictorTaelin & higher order radically parallel compute

[Crypto Law Review @CryptoLawRev]

Never underestimate sneaky lawyers doing sneaky crap like this. Annoying & weird & frivolous … but now requires vigilance lest it set horrible precedent.

[TFTC @TFTC21]

A Wyoming LLC filed a lawsuit in New York Supreme Court seeking ownership of 39,069 Bitcoin wallets it claims are abandoned property.

The plaintiff, operating under the pseudonym "Noah Doe," says he built an algorithm to identify dormant Bitcoin wallets that have been inactive for at least five to six years. He brought USB drives containing the wallet addresses to the NYPD's 17th Precinct, reporting them as found property under New York's lost-and-found law.

The complaint claims notices were sent to wallet owners via OP_RETURN blockchain messages, a public webpage, and a global press release. Owners were given 90 days to respond. Of the original 42,001 wallets flagged, 2,932 were removed after some showed on-chain activity. The remaining 39,069 wallets did not respond.

The plaintiff is now asking the court to declare him the legal owner of all 39,069 wallets and the Bitcoin inside them under New York Personal Property Law Article 7-B, which governs found and abandoned property.

The wallets reportedly hold approximately 3.8 million BTC. The complaint argues that losing a private key does not destroy the property interest in a wallet, likening dormant wallets to abandoned bank accounts.

The case names all 39,069 wallet holders as "John Doe" defendants. The plaintiff is not claiming to have the private keys to any of the wallets. He is seeking a court order declaring ownership.

The complaint was filed May 1, 2026 under Index No. 153119/2026.

h/t @DailyStackHQ

[Wings Over Scotland @WingsScotland]

This is one of the most terrifying things I've ever read.

[Crypto Law Review @CryptoLawRev]

Blockchains fix this.

[dead domain (OF 50% OFF 🏳️‍🌈) @DomainDead]

I spent the last week digging through old articles and studies on racist policy like segregation, redlining, war on drugs etc.

It’s SHOCKING how many “.gov” addresses and resources now end in “404 not found”

They’ve deleted so much nobody realizes is gone.

[Crypto Law Review @CryptoLawRev]

The Audacity of Scale

[Elon Musk @elonmusk]

@aaronburnett Our goal is launching Starship >10k/year, which would be more than once an hour. Probably over 200 tons of useful load to a useful orbit per flight by then.

[Crypto Law Review @CryptoLawRev]

No. No new organizations. No new boards. All that’s been tried & failed.

Go back to the roots: pay people to explore Ethereum!

Or go obsolete.

[Dankrad Feist @dankrad]

The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it.

The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it.

If we want to get Ethereum back to winning:
- create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap
- find a leader who is competent and wants to fight
- make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it
- fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability).

Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).

[Charles Curran @charliebcurran]

@latimes No. We want to save something beautiful.

You don’t put the work in for something you loathe.

[Crypto Law Review @CryptoLawRev]

“As long as there are slaughterhouses, there will be battlefields.” — Leo Tolstoy

[vitalik.eth @VitalikButerin]

Sent another 64 ETH to the Animal Welfare Fund.

I encourage others to think and act more in support of our non-human cousins too! The extreme suffering we're imposing on them in the billions is not something we talk about often, but it continues to be one of the larger blights on humanity.

And I'm getting optimistic that this century we can finally end it. Farming practices are improving, synthetic alternatives are improving.

Also, in my recent experience, good old low-tech vegetarian and vegan food has improved massively worldwide over the last ten years; I encourage anyone who has tried it long before and given up to take second look; there are far more healthier and tastier options today than the "pasta and salad" you would often get ten years ago.

[2070 @Punk_2070]

Ok, here’s the deal with this Arbitrum motion.

Not legal advice.

-Kim et al should not have a viable claim of ownership to the funds currently frozen by Arbitrum’s security council. When DPRK steals something, they do not have good title to that thing. /1

[PaperImperium @ImperiumPaper]

This is why the Arbitrum Security Council was not kind to the DAO. Lawyers for DPRK victims have now found a large pile of DPRK assets to seize to make good on a 2015 judgement against DPRK.

It appears a restraining order prohibiting the transfer of funds will complicate the request to turn over the funds for Kelp recovery

[Alex Blechman @AlexBlechman]

Sci-Fi Author: In my book I invented the Torment Nexus as a cautionary tale

Tech Company: At long last, we have created the Torment Nexus from classic sci-fi novel Don't Create The Torment Nexus

[Crypto Law Review @CryptoLawRev]

@buildwitt FWIW: many design iterations on this in 1960s in the civil engineering department at Kiev Engineering & Construction Institute (KISI)

[Crypto Law Review @CryptoLawRev]

Bitcoin: ordinals & admirals

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 US Admiral Paparo says the United States is running a Bitcoin node.

"We have a node on the Bitcoin network…We're doing a number of operational tests to secure and protect networks using the Bitcoin protocol."

[Crypto Law Review @CryptoLawRev]

Imagine building & running the crypto whose core function was to keep trillions of other cryptos safe. In the most hostile & adversarial operating environment imaginable (cyber security, opsec, legal, geopolitical). Keeping the fox 🦊 safe for a decade plus. !!!!!! RESPECT !!!!!!

[Dan FinIay @danfinlay]

Today is my last day at Consensys, where I've been building MetaMask for over ten years. I'm burned out and need to spend time with my family. Wishing the team the best — they have an amazing road ahead of them.

[Crypto Law Review @CryptoLawRev]

@danfinlay @BobSummerwill Giant. Bow. Of. Respect.

[Crypto Law Review @CryptoLawRev]

Code is law, with input from law enforcement

[Arbitrum @arbitrum]

The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.

After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.

As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.

[Crypto Law Review @CryptoLawRev]

@SethSHowes @AlisonbobEth Use @dark_dot_bio 👀

[Crypto Law Review @CryptoLawRev]

DYK: 1 in 72 dollars is onchain? Super interesting new dashboard by @chrisdotsol on digital dollar dominance. 👀

[chris.sol 🇬🇧 @chrisdotsol]

stablecoin supply by chain

Solana at $14.7B is the fastest growing of the pack. but Ethereum’s $122B gravitational pull is still massive

the race for stablecoin infrastructure is just getting started

live data at https://t.co/SoIYBGrkcn