Ripple EX-CTO Mocks Lawsuit Claiming Ownership of 3.7 Million Abandoned Bitcoins
BeInCrypto
Ripple CTO David Schwartz ridiculed a lawsuit seeking control of 3.79 million dormant Bitcoins, noting the impossibility of enforcing such claims on the Bitcoin network.Summary
A legal complaint filed in New York aims to grant an individual named Noah Doe ownership of over 39,000 dormant Bitcoin wallets, totaling 3.79 million BTC. The suit targets various high-profile addresses, including those allegedly linked to Satoshi Nakamoto. Ripple CTO David Schwartz mocked the lawsuit, suggesting that while the Bitcoin network would ignore such a ruling, Bitcoin SV might theoretically honor it. Experts emphasize that Bitcoin’s decentralized nature and reliance on private keys make court-ordered ownership transfers practically impossible to enforce.
(Source：BeInCrypto)