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Judge pauses lawsuit involving 3.8 million Bitcoin held in dormant wallets – TON BOT

Judge pauses lawsuit involving 3.8 million Bitcoin held in dormant wallets

A New York judge has paused a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets and blocked any move toward a default judgment before a July hearing. The complaint argues that abandoned property laws could apply to self-custodial Bitcoin wallets, sparking a debate over whether dormant blockchain assets can be claimed under existing New York law.


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