NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned
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“More 2011 coins that were claimed as ‘lost’ in the ‘noah doe’ NY state lost-and-found case are awakening and moving onchain,” Thorn wrote.
That June 6 transaction was not isolated. Another transfer tied to the case, 25 BTC from a Casascius coin redemption, was spent at block height 952534 and discovered by Galaxy Research. On June 2, a separate wallet dormant since March 2011 moved 35.55 BTC, becoming one of the first defendant addresses in the Noah Doe suit to register any onchain action after being named in court filings.
Each of these movements chips away at the central premise of the lawsuit: that these wallets were abandoned. #cryptocurrency