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Crypto

Dormant Bitcoin Wallet Revives, Complicates Abandoned Crypto Lawsuit

Guavy AI Editorial Team
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BTC
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A Bitcoin wallet that had been dormant since 2011 suddenly moved 40 BTC worth $3.09 million in 2026, revealing a massive gain from an initial $120 purchase.

This unexpected move complicates a large class-action lawsuit in New York seeking to reclaim millions of supposedly abandoned Bitcoins.

The wallet owner's ability to move funds undermines claims that these assets are abandoned, affecting potential legal outcomes and market supply.

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