Abandoned Bitcoin? Wallet Targeted by Noah Doe Lawsuit Moves $33 Million
Summary
A Bitcoin wallet funded in 2013 moved 411.45 BTC, worth about $33.4 million, to a new address, where the coins remain. The wallet had never previously sent funds, and its original holdings cost roughly $54,000. Galaxy Research linked the address to a New York lawsuit seeking control of 39,069 allegedly abandoned wallets containing about 3.8 million BTC. The plaintiffs do not hold the wallets’ private keys. The transfer demonstrates that at least this targeted wallet remains accessible, challenging claims that the coins are abandoned. The movement follows a broader increase in dormant Bitcoin wallets becoming active.
