Source: Bitcoin.com
“A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million BTC. The legal battle is unfolding alongside a wave of onchain activity from some of bitcoin’s oldest addresses. On June 6, 2026, Galaxy Research flagged a transaction involving 47.26 BTC, worth approximately $2.88 million, moving out of a wallet that had been untouched since June 17, 2011, a dormancy period of more than 15 years. … Each of these movements chips away at the central premise of the lawsuit: that these wallets were abandoned.” (06/06/26)
https://news.bitcoin.com/ny-court-pauses-default-judgment-after-lawyer-argues-39069-bitcoin-wallets-were-not-abandoned/