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A man calling himself “Noah Doe” has filed a lawsuit in New York claiming ownership of 39,069 dormant Bitcoin wallets holding around 3.8 million BTC, currently worth an estimated $286 billion.
Doe says he created an algorithm that identified wallets inactive for years. He then reportedly handed the wallet information to the NYPD as “lost property” and received official receipts.
He is now arguing that under a New York lost-property law from 1958, he should legally become the owner because nobody has claimed the wallets.
One of the wallets included in the case is allegedly tied to the Mt. Gox hack from 2011 and contains around 80,000 BTC that has not moved in over 15 years.
Dogecoin breaks the level Santiment told traders to watch
Santiment's weekly anomaly report flagged $DOGE as "hype without news," with sentiment climbing to +12.09 while price coiled between $0.071 and $0.073, and warned that a daily close below $0.071 would hand control to the sellers.
Today's risk-off wave answered. DOGE slid near $0.069, down almost 5% as the worst performer in the crypto top 10, while oil above $100 dragged the broader market around 2% lower.
Santiment's core read was that DOGE trades as amplified Bitcoin beta, falling harder in selloffs, and this session proved it on cue. A quick reclaim of $0.071 would repair the setup; below it, the sellers keep the wheel. NFA.