Plaintiffs drop 44 wallets from Satoshi-era BTC ownership lawsuit

The plaintiffs in a New York lawsuit over the ownership of long-dormant Bitcoin wallets, including some presumed to belong to Satoshi Nakamoto, have withdrawn 44 wallets from the case, CryptoSlate reported. The suit, filed by an anonymous plaintiff named Noah Doe and two corporations, saw the number of targeted wallets decrease from 39,069 to 39,025 following a withdrawal notice submitted on July 7. While no reason for the withdrawal was specified, on-chain analysts pointed out that all 44 addresses had transferred BTC after the lawsuit was filed. According to Alex Thorn, head of research at Galaxy Digital, these addresses held 21,443 BTC at the time of the lawsuit but have since moved 46,334 BTC, worth approximately $2.9 billion at recent prices. About 3,097 BTC remains in the wallets. This activity contradicts the plaintiffs' claim that the wallets were "abandoned assets" due to a lack of on-chain activity. Previously, an anonymous defendant identified as John Doe 33 challenged the suit, claiming to be the rightful owner. The Digital Chamber has also submitted a brief opposing the plaintiffs' claims.