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Noah Doe Plaintiffs File Suit to Claim Dormant Bitcoin as Lost Property

Anonymous plaintiffs filed a New York action seeking declaratory ownership of dormant Bitcoin addresses under a lost-property theory. The March filing initially named John Does 1-1,332 and became the opening legal stage of a case later expanded to tens of thousands of addresses, including addresses associated with Satoshi-era coins.

On March 11, 2026, plaintiffs using the names ABC Company, XYZ Company and Noah Doe filed an action in New York Supreme Court against John Does 1-1,332. The plaintiffs sought a declaratory judgment claiming ownership rights over dormant bitcoin under a theory that the coins could be treated as lost property.

The case grew out of an unusual effort to assert constructive possession over long-inactive Bitcoin addresses. The original March complaint was much narrower than the version that later attracted attention: on May 1 the plaintiffs amended the case to expand the defendant set to 39,069 addresses, followed later in May by an attempt to serve those addresses through Bitcoin OP_RETURN transactions.

March 11 is therefore historically distinct from the later May expansion. It marks the moment the ownership theory moved from prior notices and on-chain signaling into court. The case was legally controversial, but its attempt to use conventional lost-property law to claim control over dormant bitcoin—including, later, addresses associated with Satoshi Nakamoto—made the filing significant to Bitcoin's legal history.

Sources

  1. ‘Salomon Brothers’ Client Sues to Claim Legal Ownership of Satoshi’s Coins