The Bitcoin Policy Institute (BPI) has filed a motion seeking permission to intervene in a New York lawsuit in which anonymous plaintiffs are attempting to claim ownership of 39,069 allegedly abandoned Bitcoin wallets.
The organization argues that the plaintiff’s claims are both legally and technically flawed and warns that a favorable ruling could undermine the property rights of Bitcoin holders, including those who deliberately hold assets for years without moving them.
big development in ‘noah doe’ "abandoned bitcoin" case in which an anon is seeking to gain legal title over satoshi’s coins.. @bitcoinpolicy just filed to intervene as a defendant fighting to kill the whole thing 👏👏 pic.twitter.com/F5LrBJ8w7S
— Alex Thorn (@intangiblecoins) July 11, 2026
Background of the case
