Attorney Ian Cohen Takes On $238 Billion Fight Over Satoshi's Untouched Bitcoin Wallets

Ian Cohen Bitcoin Lawsuit Targets Satoshi Wallets Worth $238bn

The Ian Cohen Bitcoin lawsuit targeting 39,069 wallet addresses holding an estimated $238 billion in dormant BTC gained another layer of complexity on 19 June, when attorney Ian R. Cohen filed a court rebuttal opposing efforts to revive proceedings that have been stayed by New York Justice Kathy King. Cohen, founder of IRC Legal, is participating on a pro bono basis as amicus counsel. His latest filing pushes back against plaintiff attorney Davi…

$2.48B BTC transfers challenge ‘lost’ Bitcoin wallets in Satoshi lawsuit

A quiet legal maneuver to seize title to more than $200 billion in dormant Bitcoin, including Satoshi Nakamoto's, has encountered a fundamental flaw. A lost Bitcoin wallet lawsuit in New York now faces direct on-chain evidence that supposedly abandoned addresses are actively transferring billions of dollars in BTC, fracturing the plaintiffs’ core legal premise. The dispute turns on whether dormant Bitcoin addresses can be treated as abandoned pr…

200 BTC Moves From Named Wallet as Two Lawyers Clash Over $293B ‘Noah Doe’ Bitcoin Case

A New York Supreme Court dispute involving 39,069 bitcoin wallet addresses took another turn this week after attorney Ian R. Cohen opposed an effort to lift a court-ordered stay, and new onchain data showed billions of dollars worth of...

Attorney Ian Cohen Takes On $238 Billion Fight Over Satoshi's Untouched Bitcoin Wallets

Attorney Ian R. Cohen has filed a court rebuttal challenging a lawsuit that wants to seize roughly 3.8 million Bitcoin… Read the original on Attorney Ian Cohen Takes On $238 Billion Fight Over Satoshi’s Untouched Bitcoin Wallets. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

New York Attorney Files Rebuttal to Defend 3.8M Bitcoin From Abandoned-Property Claim

A Bitcoin self-custody holder and New York attorney is fighting back against a lawsuit that wants a court to declare roughly 3.8 million Bitcoin legally ownerless.Key takeawaysAttorney Ian R. Cohen filed a June 19 rebuttal in New York Supreme Court defending a court-ordered stay against plaintiffs seeking legal title to ~3.8 million BTC spread across 39,069 dormant wallet addresses.Cohen's core argument: losing a private key is not abandonment, …

200 BTC Moves From Named Wallet as Two Lawyers Clash Over $293B 'Noah Doe' Bitcoin Case

A New York Supreme Court dispute involving 39,069 bitcoin wallet addresses took another turn this week after attorney Ian R. Cohen opposed an effort to lift a court-ordered stay, and new onchain data showed billions of dollars worth of bitcoin moving from addresses named in the lawsuit. The case, ABC Company, XYZ Company, and Noah […]