Cyber thieves have declared "social death" for Satoshi Nakamoto's assets in the compliant world. 😅😅

Core conspiracy: not stealing private keys, only seizing "nominal ownership" (ownership flaws), using 18th-century "Lost Property Law" to extort 21st-century blockchain whales. 🧑‍⚖️ The New York court has accepted the case of "Claiming Satoshi Nakamoto and other dormant address Bitcoin," with a total value of $274 billion.
Galaxy stated that in March of this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7M bitcoins (approximately $274 billion) 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 (pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe 🙋 requested the New York State Supreme Court to declare, under the New York Unclaimed Property Law (Section 7-B of the Personal Property Law), through a declaratory judgment lawsuit (Section 3001 of the New York Civil Practice Rules), that they own these dormant addresses.
In short, they are trying to have the New York court rule that Bitcoin belonging to Bitcoin's creator Satoshi Nakamoto (and many other lost addresses of Bitcoin) are lost property, and that they have the right to legally possess these cryptocurrencies because they "found" them. Between June 30 and July 10, 2025, they sent "abandonment notices" to each address via OP_RETURN.
However, even if they win completely, they will only receive a court declaration; they will not get any private keys and cannot transfer any bitcoins from these addresses. But Galaxy states that the real value of the New York ruling lies in its role as a "ownership flaw." If these bitcoins appear on any regulated platform, the plaintiff Noah Doe can use this document to dispute with exchanges or custodians.