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If this case is truly judged, all wallets with long-term inactivity in the future will have to be on edge, on-chain dormancy ≠ legal abandonment, and the court's timely brake is well-placed.
Plaintiff Noah Doe tried to claim ownership of these long-dormant wallets under New York’s lost-and-found property regulations, but New York attorney Ian R. Cohen filed an amicus brief arguing that long-term inactivity does not equal relinquishment of ownership, and that Bitcoin cannot be handed over to the police like physical property.
On June 5, the court suspended the related proceedings, and the case is still pending further hearings. In addition, some of the addresses listed in the case have recently shown on-chain transfers, including a wallet that has been dormant since 2011 and transferred out 47.26 BTC.