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NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned

By Jamie Redman | 2026-06-06 22:10:35 | 3 months ago

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A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million BTC.

2011-Era Coins Are Moving The legal battle is unfolding alongside a wave of

keywords : Legal|Bitcoin (BTC)|Court|Lawsuit|legal

sentiment : NEUTRAL

category data : BTC | REGULATION | CRYPTOCURRENCY