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A New York judge temporarily halts lawsuit attempting to claim ownership of nearly 40k Bitcoin wallets.
A New York judge temporarily halts lawsuit attempting to claim ownership of nearly 40k Bitcoin wallets. BlockBeats news, June 8, a judge from the New York Supreme Court paused all proceedings in a lawsuit. The lawsuit seeks to claim ownership of 39,069 dormant Bitcoin wallets, aiming to prevent any default judgment from moving forward before the hearing on July 14.
Next, three things need to be watched: whether relevant funds continue to flow in, whether on-chain transaction volume and holdings keep expanding, and whether the project team or regulators provide new confirmation information. A single news flash can only indicate that sentiment is ignited; subsequent data will determine if it can solidify into a trend.
Risks should also be on the table: Judge Kathy J. King has signed the "Order to Show Cause" and publicly filed it in the case record on June 5. According to court records, oral arguments are scheduled for July 14 at 10:30 a.m., to be held in the 6th Trial Court of the New York court.
$btc #链上数据 #Regulation #区块链 #Crypto Market