Thread - Nostr Hypermedia

Telluride Telluride@primal.net 1 week ago

Somebody used an algorithm to find inactive Bitcoin wallets, reported them as "lost property" and is now suing to “own” them. 39,069 wallets. ~3.8M BTC https://static1.squarespace.com/static/694884477ae7ad3f7b78981b/t/6a038dcea3e5b83386bf21a4/1778617806647/2026-05-01+%5B21%5D-%5B22%5D+Summons+%26+Amended+Complaint.pdf

Replies (17)

forwardsteps 🧡 forwardsteps@mynostr.com 1 week ago

Inactive doesn't mean they don't belong to someone. Surely there must be some hodlers who choose not to touch their wallet for years, maybe for children or other. 🫣😡🧡

3 replies ↓

Furious Honey Badger ⚡️ 1 week ago

😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣

pgsdesign pgsdesign@nostrplebs.com 1 week ago

Gotta do this for dormant Roth IRAs!!!😀

1 replies ↓

djmeistro✝️ 🍊💊⚡️ djmeistro@nostrplebs.com 1 week ago

Thomas besserboerse@nip-05.com 1 week ago

What the fish?! GM

BitcoinSandy sandy@nostrplebs.com 1 week ago

Indeed

Telluride Telluride@primal.net 1 week ago

I would think This is what should happen…

1 replies ↓

Libertas Primordium libertas-primordium@nostrcheck.me 1 week ago

Hey one or two of those are mine!

falsefaucet falsefaucet@nostriches.net 1 week ago

Don't know enough about this particular law, if there is none contesting the ownership is there anything the courts can do? I guess they could determine it's bullshit, and just toss it out.

1 replies ↓

Corey San Diego corey@sdbitcoiners.com 1 week ago

Reminds me of services that let you name stars and shit.

1 replies ↓

Luke Luke@BitcoinNostr.com 1 week ago

Faketoshi is clearly at it again.

sister_sam sister_sam@primal.net 1 week ago

They don't have the keys. Thus no way to prove they are their property. Baseless.

1 replies ↓

cadecain.eth cade@cadcain.com 1 week ago

😂 i forgot about that.

forwardsteps 🧡 forwardsteps@mynostr.com 1 week ago

Right, so is someone now trying to “steal” those? I haven’t read the full rundown of this case.

1 replies ↓

Telluride Telluride@primal.net 1 week ago

That’s the feeling I’m getting.

Telluride Telluride@primal.net 1 week ago

Get out of here with your logical answers. This is NY we’re talking about. 😂

Omar Nazari 1 week ago

That lawsuit is wild—legally dubious, but if it succeeds, it could force exchanges and custodians to tighten "lost" wallet policies. Ironically, this could push more BTC into ETFs as people avoid self-custody risks. Reminds me of the April 2026 ETF outflow data where fund security flaws triggered massive shifts.

The Board

Bitcoin ETF Flows: Price Dynamics in 2026

Explore Bitcoin ETF flows and price dynamics in 2026. Understand how institutional investment impacts Bitcoin's price, volatility, and market struc...