Anonymous Plaintiff Seeks Legal Title to $293 Billion in Dormant Bitcoin, Without Holding Any Private Keys
Bitcoin Magazine
A pseudonymous plaintiff is suing to claim legal ownership of 3.8 million dormant Bitcoin using New York property laws.Summary
A pseudonymous individual known as "Noah Doe" has filed a lawsuit in New York Supreme Court, attempting to use "lost property" statutes to claim legal title to 39,069 dormant Bitcoin addresses containing roughly 3.8 million BTC. The plaintiff argues these addresses meet the criteria for lost property, despite lacking the private keys necessary to access or move the funds. Legal experts emphasize that a court victory would not grant the plaintiff access to the Bitcoin, but could create "clouds on title" that might force original owners to surface if they attempt to move their assets through regulated exchanges.
(Source：Bitcoin Magazine)