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$293 billion Bitcoin ‘Noah Doe’ Lawsuit Confronts Major Test After First Wallet Holder Files Motion to Dismiss
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A pseudonymous bitcoin holder has become the first named defendant to challenge New York’s closely watched lawsuit seeking ownership of roughly 3.8 million BTC, as another wallet named in the case moved 500 BTC on July 2, further undermining claims the coins were abandoned.
Key facts
- On July 2, 2026, 500 BTC moved from address 1HnVSXAMkCUHD8EeRxnNB6B12oQ9URpV, identified as wallet No. 881 in the Noah Doe lawsuit
- A pseudonymous bitcoin holder has become the first named defendant to challenge New York’s closely watched lawsuit seeking ownership of roughly 3.8 million BTC, as another wallet named in the case
- The next major milestone comes on July 14, 2026, when oral arguments are scheduled for 10:30 a.m. before Justice Kathy J
- The lawsuit, filed March 11, 2026, in the New York Supreme Court, seeks a declaratory judgment awarding ownership of approximately 39,069 dormant bitcoin addresses collectively holding an estimated
Summary
John Doe 33 filed on June 30, challenging Noah Doe’s $293B bitcoin lawsuit. 500 BTC moved July 2 from wallet No. 881, weakening the abandonment theory. King’s July 14 hearing could reshape the Noah Doe litigation. The lawsuit, filed March 11, 2026, in the New York Supreme Court, seeks a declaratory judgment awarding ownership of approximately 39,069 dormant bitcoin addresses collectively holding an estimated 3.8 million BTC.