Key facts
- A New York attorney filed an amicus brief to halt a default judgment.
- Proceedings targeting 39,069 dormant Bitcoin wallets have been frozen by a judge.
- The wallets collectively hold an estimated 3.8 million BTC.
- The attorney argued that the Bitcoin wallets were not abandoned.
- One specific wallet received a legal notice via OP_RETURN demanding proof of ownership.
A New York attorney has successfully intervened to pause a potential record-setting default judgment in a Bitcoin-related legal case. The attorney filed an amicus brief, which convinced a judge to freeze proceedings targeting approximately 39,069 dormant Bitcoin wallets. These wallets are estimated to hold a total of 3.8 million BTC, with some coins dating back to 2011. The intervention came as the legal battle unfolds alongside a wave of activity concerning older Bitcoin coins. In a related development, one specific wallet, the 1LwWt address, received a legal notice from Salomon Brothers via Bitcoin's OP_RETURN field in July 2025, demanding the owner prove ownership by November 5, 2025.