PANews reported on May 26 that, according to Cryptopolitan, a plaintiff using the pseudonym "Noah Doe" has filed a lawsuit in a New York court seeking ownership of 39,069 dormant Bitcoin wallets, including one containing an address belonging to Satoshi Nakamoto. These wallets are estimated to hold approximately 3.7 million Bitcoins, worth about $290 billion. The plaintiff, through two Wyoming shell companies, ABC Company and XYZ Company, filed a 901-page lawsuit on May 1, claiming that the Bitcoins qualify as "abandoned property" under New York's lost property law.

Sani, founder of the on-chain analytics platform Timechain Index, pointed out that the lawsuit has a core problem: most Bitcoins from the Satoshi era are stored in a pay-to-public-key format, and the plaintiff sent legal notices to the corresponding pay-to-public-key hash addresses, most of which have no balance. Even if the plaintiff wins a favorable judgment, the Bitcoin network cannot transfer funds without the private keys, making the ruling unenforceable. Ripple CTO David Schwartz stated that the ruling will not have any real impact on the Bitcoin network.