A lawsuit pending in the New York Supreme Court (the trial level court) presents a novel and consequential legal question in the digital asset space: can long-dormant Bitcoin wallets be treated as “abandoned property” under traditional state law? The case, ABC Company, XYZ Company, and Noah Doe v. John Does 1–39,069 (Index No. 153119/2026), seeks a declaratory judgment awarding to a private claimant ownership of 39,069 inactive Bitcoin wallets. They collectively hold approximately 3.8 million…
Latest Posts
- The “Lost Bitcoin” Litigation: Can Dormant Wallets (Such as Those Belonging to Satoshi) Be Claimed as Abandoned Property in New York?
- FDIC Advances BSA/AML Rulemaking Under the GENIUS Act: A New Compliance Paradigm for Stablecoin Issuers
- The End of the Campaign to Amend the Swiss Federal Constitution to Require the Central Bank to Hold Bitcoin
- The CLARITY Act’s Yield Compromise: What the Senate Actually Agreed To—and Why It Matters
- US Treasury Department Proposes Rule to Implement GENIUS Act’s Anti-Money Laundering and Sanctions Compliance Program Requirements for Stablecoin Issuers
- How Similar Is “Substantially Similar”? Treasury’s Principles for Evaluating State Stablecoin Regimes Under the GENIUS Act
- The PARITY Act’s De Minimis Rewrite—and the “Bitcoin Coffee” Problem It Leaves Unsolved
- Federal Court Dismisses Crypto Developer’s Pre‑Enforcement Challenge Relating to His Crowdfunding Tool
Recent
The Federal Deposit Insurance Corporation (FDIC) has taken a significant step toward implementing the Guiding and Establishing National…
In the high-stakes world of central banking, Switzerland has long been associated with monetary orthodoxy, combining substantial gold…
At the end of last week, after months of quiet stalemate, Senate negotiators finally resolved the single most…
On April 8, 2026, the US Department of the Treasury’s (“Treasury“) Financial Crimes Enforcement Network (“FinCEN“) and the…
The U.S. Department of the Treasury has taken a significant step in implementing the GENIUS Act’s stablecoin framework.…
One of the most anticipated features of the bi-partisan Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields…