New York Plaintiffs Seek to Declare 3.7 Million BTC as ‘Abandoned Property’

Plaintiffs seek rights to 39,069 inactive bitcoin addresses, holding 3.7 million BTC.

The plaintiffs have requested the court to recognize their rights to 39,069 inactive bitcoin addresses, which, according to sources, hold approximately 3.7 million BTC valued at around $285 billion. They regard these assets as ‘abandoned property’; however, experts point out that without private keys, enforcing such a decision is virtually impossible.