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Satoshi-era Bitcoin faces $285B lawsuit
CoinDesk·
A Bitcoin address from the Satoshi era is now at the center of a massive $285 billion lawsuit, emerging after 14 years of dormancy. The address, identified as 1LwWt, received a formal legal notice through Bitcoin's OP_RETURN field. This notice, issued by Salomon Brothers, demands that the owner of the address prove their ownership by November 5, 2025. The legal action highlights the increasing scrutiny and potential legal ramifications for early cryptocurrency holders as the digital asset space matures and attracts significant financial interest.
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fintech
legal
crypto
Original Source
CoinDesk — coindesk.com