The "Satoshi Era" Bitcoin Address Sees Activity After 14 Years, Suggesting Some Dormant Wallets May Still Be in Original Owner's Hands

### Crypto News Brief: Satoshi Era BTC Address Moves, Signaling Response to New York Lawsuit June 6 – A Satoshi Era bitcoin address holding 35.55 BTC (valued at roughly $2.54 million) — untouched since March 2011 — made a transfer this week, marking one of the first visible responses from defendants in a New York lawsuit involving around 3.8 million BTC (worth approximately $285 billion). On-chain data shows the address sent 15 BTC to a new wallet on June 2, retaining 20.55 BTC as change. It first received the BTC on March 27, 2011, when bitcoin’s price was less than $1. This March, a plaintiff using the pseudonym “Noah Doe” filed a lawsuit in New York state court alongside two Wyoming LLCs, seeking ownership of roughly 3.8 million long-dormant bitcoins under New York’s Unclaimed Property Law and positioning themselves as the asset’s “discoverers.” The court approved on-chain alerts to relevant wallets via Bitcoin’s OP_RETURN field. In July 2025, advisory firm Salomon Brothers Strategic Advisors sent dust transactions to 39,000 wallets (including the Satoshi address) with a link to a legal notice, requiring holders to prove ownership within 90 days. Alex Thorn, head of research at Galaxy Research, noted this address corresponds to the 38,215th defendant in the case, stating: “Clearly, these bitcoins have not actually been abandoned.” Separately, another address inactive for 15 years — 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp — moved 20 BTC (about $1.48 million) on the same day, though it was not listed as a defendant in Noah Doe’s suit. Analysts say the on-chain moves confirm some once-dismissed “abandoned” Satoshi Era BTC remain under original control.