Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years The 1LwWt address received a legal notice from Salomon Brothers via Bitcoin s OP_RETURN field in July 2025 demanding the owner prove ownership by November 5, 2025. By Shaurya Malwa Jun 6, 2026, 1:30 p.m. 2 min read Make preferred on What to know : A long-dormant Bitcoin address holding 35.55 BTC since March 2011 moved its coins this week, marking one of the first visible on-chain responses from a named defendant in a sweeping New York lawsuit over 39,069 wallets. The case, brought by a pseudonymous plaintiff “Noah Doe” and two Wyoming LLCs, seeks legal ownership of about 3.8 million BTC under New York’s lost-property statute, with defendants notified via OP_RETURN dust transactions embedded on the blockchain. The wallet’s move, along with a separate transfer from another 2011-era address, comes amid a sharp Bitcoin price slide and highlights that some so-called Satoshi-era coins targeted as abandoned are in fact still controlled by their original holders. A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this wee,, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title over 39,069 dormant bitcoin wallets.