A Bitcoin address tied to the New York lost-property lawsuit moved $1.88 million worth of BTC, marking the first onchain movement in almost 15 years.

A defendant who owns one of the dormant Bitcoin wallets filed a motion to dismiss the case, which seeks ownership of $229 billion worth of lost Bitcoin.

A pseudonymous plaintiff is suing to claim 39,069 dormant Bitcoin addresses as abandoned property, targeting wallets holding 3.8 million BTC including