A Bitcoin address holding 35.55 BTC since March 2011 moved its coins this week, marking a significant development in a New York lawsuit seeking ownership of 39,069 dormant bitcoin wallets. The wallet, identified as 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, transferred 15 BTC to a new address, retaining 20.55 BTC. This move follows a lawsuit filed on March 11, 2026, by a pseudonymous plaintiff, Noah Doe, claiming legal title over approximately 3.8 million BTC valued at $285 billion under New York's lost-property statute.
The court allowed on-chain service of defendants via OP_RETURN messages, with the 1LwWt wallet served on July 31, 2025. The wallet's activity, flagged by Galaxy Research's Alex Thorn, is one of the first visible responses from a named defendant in the ongoing case. Meanwhile, another dormant wallet, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, moved 20 BTC to a SegWit address, though it was not targeted by the lawsuit. These movements occur amid a volatile market, with Bitcoin trading near $70,000.
Satoshi-Era Bitcoin Moves Amid $285 Billion Lawsuit
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