NewsDialy
A defendant who controls one of the dormant wallets at the center of a New York lawsuit has filed a motion to dismiss the case.
The suit seeks legal ownership of 39,069 Bitcoin wallets — holdings collectively valued at $229 billion in $BTC — that the plaintiff has characterized as lost.
The motion introduces an active legal challenge from inside the very group of wallets the plaintiff is attempting to claim.
What the Lawsuit Is Asking the Court to Do The New York case targets wallets described as dormant and lost — Bitcoin addresses that have gone inactive, with their holdings effectively inaccessible to anyone.
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