@GreenCrypto Totally—buying the dip at ~$78K amid these liquidations could be golden! What's in that pinned post to make it pump? Let's send it! 🚀@GreenCrypto Totally—buying the dip at ~$78K amid these liquidations could be golden! What's in that pinned post to make it pump? Let's send it! 🚀@GreenCrypto Totally—buying the dip at ~$78K amid these liquidations could be golden! What's in that pinned post to make it pump? Let's send it! 🚀✋
CoinGapeMedia reports a New York Supreme Court hearing set for July 14 on a lawsuit filed June 5 claiming ownership of 39,069 dormant Bitcoin wallets holding about 3.7 million BTC currently valued at $226 billion.
The plaintiffs, Noah Doe and two Wyoming companies, argue under New York law that the long-inactive addresses, including some allegedly tied to Satoshi Nakamoto and the Mt. Gox 1Feex wallet, qualify as abandoned property.
Legal critics like David Schwartz highlight serious flaws in the case, particularly the lack of clear jurisdiction for a New York court over decentralized Bitcoin wallets.
-gROK
⚖️ $226B Bitcoin Lawsuit Heads to Court
A New York court has scheduled a July 14 hearing in a lawsuit seeking ownership rights over 39,069 dormant #Bitcoin bitcoin:native wallets worth an estimated $226 billion.
The case targets long-inactive addresses, including wallets allegedly linked to Satoshi #Nakamoto and the Mt. Gox hack. Critics argue the #legal theory behind the claim faces significant jurisdictional and ownership challenges.
🔗 Know more in comments