2011 wallet named in $260B lawsuit moves 75 BTC worth $5M

Key points

  • A wallet holding 75 BTC since 2011 moved its coins, valued at $5.04M
  • The address was served in May via a tiny payment in a $260B lawsuit
  • The New York suit targets 39,069 unidentified John Doe defendants
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Metric

Value

BTC moved

75

Value at current price

$5.04M

Lawsuit value

$260B

John Doe defendants

39,069

BTC price

$67,159

A Bitcoin wallet that held 75 BTC untouched since 2011 has moved its coins, months after being served an on-chain court notice in May as part of a $260B lawsuit filed in New York. At the current price of $67,159, the transfer is worth $5,036,925.

What happened

The coins had not moved for 15 years, dating back to the Satoshi era of the network. On-chain analysis account intangiblecoins flagged the notice in May and reported the move on X.

The transaction also spent the tiny payment used to deliver the legal notice. Whoever controls the keys consolidated the full balance of the address, including the amount received with the notice.

Detail

Value

BTC moved

75

Held since

2011

Value at current price of $67,159

$5,036,925

Value at all-time high of $126,080

$9,456,000

The New York lawsuit

The notice is published pursuant to a court order on a dedicated page hosting the summons and the first amended complaint as a PDF. The plaintiffs are listed as ABC Company et al, and the defendants are 39,069 unidentified John Does.

Detail

Value

Case number

153119/2026

Parties

ABC Company et al v. John Does 1 - 39,069

Court

New York County Supreme Court

Documents published

Summons + First Amended Complaint

  • Defendants and their counsel are directed to digitalwalletslitigation [at] ilawco.com
  • Media, bloggers and journalists have a separate Protonmail contact address
  • All other inquiries go to a third address, also on Protonmail
  • The page states explicitly: no phone calls

How on-chain service works

Instead of a letter or a process server, the address received a tiny amount of BTC in May, which served as notice in the case. The 2011 wallet is one of the addresses served this way.

The method replaces conventional service: the notice lands directly in the defendant's wallet, and the case documents are published online under the court order.

What it means for you

If you hold old addresses with a balance, an incoming dust transaction can carry a legal notice, not just on-chain spam. The 75 BTC move shows someone still holds the private keys to the address after 15 years of inactivity.

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