Satoshi Dormant Bitcoin Legal Defense
The plaintiffs' claim that Satoshi's Bitcoin is 'lost property' is legally and technically flawed because dormant addresses represent intentional savings rather than abandoned property, and possession of private keys constitutes ownership
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Cohen argued that New York's lost-property law doesn't cover self-custodied Bitcoin and that dormancy isn't abandonment... you can't 'find' a wallet you can't open, and a dormant address isn't lost property; it is someone's savings that simply haven't moved."
"With the public ledger showing at least some of the supposedly lost owners spending their coins in real time, this might be on-chain proof that the plaintiffs' algorithm is flawed and that they didn't 'find' anything."