Dormant 2013 Bitcoin Wallet Moves $33M Amid Noah Doe Lawsuit
What happened: A Bitcoin address dormant since 2013 moved 411.
What happened: A Bitcoin address dormant since 2013 moved 411.45 BTC (about $33.4 million) on October 18, 2026. The wallet, originally funded with $54,000, is one of 39,069 addresses targeted in a New York lawsuit by the pseudonymous "Noah Doe" and two Wyoming shell companies, seeking to claim abandoned coins under lost-property law. The coins were sent to a new, unlabeled address, not an exchange.
Why it matters: The wallet's sudden activity undermines the lawsuit's claim that these coins are abandoned, since movement requires access to the private keys. Galaxy Research notes that the pace of dormant-coin movement has accelerated in 2026, suggesting that legal actions may be prompting key-holders to reassert control. The case highlights the legal and technical complexities of "abandoned" crypto assets.
Source: Decrypt