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Bitcoin wallet in $293B lawsuit moves $3.1M in BTC

A Bitcoin address named in a New York dormant-wallet lawsuit moved 40 BTC after nearly 15 years, challenging claims that it was abandoned.
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Bitcoin wallet in $293B lawsuit moves $3.1M in BTC

A Bitcoin address named in a New York dormant-wallet lawsuit moved 40 BTC after nearly 15 years, challenging claims that it was abandoned.

A Bitcoin address that remained inactive since November 2011 transferred 40 BTC, valued at about $3.1 million, while appearing among the 39,069 Wallets included in a New York judicial dispute. The movement shows that someone controls their private keys, but does not resolve who legally owns the coins.

An address Bitcoin remained immobile for almost fifteen years woke up suddenly, and the timing could not be more delicate. On 3 September 2026 that wallet moved 40 BTC, about 3.1 million dollars at the price of the transaction, sharpening attention on one of the causes on wallet Bitcoin abandoned most ambitious ever deposited in [...]

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🚨 A wallet from the Satoshi era moved 40 BTC for the first time since November 5, 2011. 💰 The transaction, worth approximately $3.09 million, showed the former investor's control over the wallet. ⚖️ A class-action lawsuit in New York involves a total claim of $293 billion for 39,069 inactive addresses. ₿ This latest movement reveals that long periods of silence in $BTC wallets may not necessarily mean abandonment. Read More: Bitcoin wallet fro…

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u.today broke the news on Friday, September 4, 2026.
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