New York Judge Halts Controversial Bitcoin Wallet Ownership Lawsuit
NY court freezes lawsuit claiming ownership of 39,069 dormant Bitcoin wallets worth billions. July 14 hearing will address contested ownership claims.
➤ A New York court has temporarily halted legal proceedings concerning a controversial attempt to claim ownership of 39,069 dormant Bitcoin wallets, potentially worth billions. ➤ The lawsuit seeks to apply New York's abandoned property laws to these inactive Bitcoin addresses, a novel legal strategy that an independent attorney is challenging. ➤ A July 14 hearing will address the contested ownership claims and the applicability of lost-property statutes to blockchain assets.




















