Satoshi-era bitcoin at center of $285B lawsuit moves after 14 years
2026-06-07 01:06:35
A long-dormant Bitcoin address holding 35.55 BTC since March 2011 moved its coins this week, marking one of the first visible on-chain responses from a named defendant in a New York lawsuit seeking ownership of about 3.8 million BTC valued at roughly $285 billion. According to CoinDesk, wallet 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe sent 15 BTC to a new address and kept 20.55 BTC as change on June 2. The address had received an OP_RETURN legal notice from Salomon Brothers Strategic Advisors on July 31, 2025, demanding the owner prove ownership by November 5, 2025.
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