A New York judge has temporarily halted a controversial lawsuit seeking ownership of thousands of dormant Bitcoin wallets containing an estimated 3.8 million BTC, currently valued at approximately $235 billion. The decision delays any immediate legal victory for the anonymous plaintiffs and sets the stage for a court hearing scheduled for July 14. Justice Kathy J. King issued the stay order on June 4, putting the spotlight on a legal dispute that could have major implications for Bitcoin ownership rights and cryptocurrency law. The lawsuit was originally filed in March by an anonymous… Read more
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