A New York court has accepted a case involving “claiming Bitcoin from Satoshi Nakamoto and other dormant addresses,” with a total value of $2740 billion.

Odaily Planet Daily reports that Galaxy said in a post that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of more than 3.7 million bitcoins (about $2.74 trillion) associated with 39,069 bitcoin addresses, including addresses belonging to Bitcoin’s creator, Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).

The plaintiffs are Noah Doe (a pseudonym) and two unnamed Wyoming limited liability companies. Noah Doe asks the New York State Supreme Court to issue a declaratory judgment under New York’s abandoned property law (Article 7-B of the Personal Property Law) (Section 3001 of the New York Civil Practice Law and Rules) to declare that they own these dormant addresses.

In short, they are trying to have a New York court rule that the bitcoins of Bitcoin’s creator, Satoshi Nakamoto (as well as bitcoins from many other lost addresses) constitute lost property, and that they are legally entitled to possess them because they “found” these cryptocurrencies. Between June 30, 2025 and July 10, 2025, they sent an “abandonment notice” to each located address via OP_RETURN.

However, even if they completely win, in the end they will only obtain a court declaration; they will not receive any private keys, nor will they be able to transfer any bitcoin from any of these addresses. But Galaxy says the real value of the New York ruling lies in its ability to serve as a “cloud on title.” If these bitcoins show up on any regulated platform, the plaintiff, Noah Doe, can use this document to raise objections with exchanges or custodians.