A Bitcoin address that has held 35.55 BTC since March 2011 has recently executed a transaction, marking a significant development in a New York lawsuit involving 39,069 wallets. The lawsuit, initiated by a pseudonymous plaintiff known as Noah Doe, seeks legal ownership of approximately 3.8 million BTC, valued at around $285 billion, based on New York's lost-property laws.
The address in question, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, transferred 15 BTC while retaining 20.55 BTC as change during a transaction on June 2. This activity is the first notable action from a named defendant in the lawsuit, which was filed on March 11, 2026, and revised on May 1 of the same year.
The plaintiffs argue that they are entitled to these funds under the abandoned-property doctrine, with Noah Doe acting as a "finder." The court has permitted notification of defendants through OP_RETURN messages, which embed information directly onto the blockchain. In preparation for this, Salomon Brothers Strategic Advisors sent out notifications in the form of dust transactions, with the 1LwWt wallet receiving its legal notice on July 31, 2025, giving defendants 90 days to respond.
