Satoshi-Era Bitcoin Wallet Moves After 14 Years Amid $285 Billion Ownership Lawsuit

A Bitcoin wallet that had remained inactive since March 2011 has suddenly moved 35.55 BTC, drawing attention because it is linked to a major legal battle involving dormant cryptocurrency holdings. The address, identified as 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, transferred 15 BTC to a new wallet on June 2 while retaining 20.55 BTC as change.

The coins were originally received when Bitcoin was trading for less than one dollar, making the holdings worth approximately $2.54 million at current market prices.

1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, moved 20 BTC to a SegWit address approximately 13 hours before the 1LwWt move,  according to Arkham Intelligence data.

$285 Billion Bitcoin Lawsuit Targets Dormant Wallets

The wallet is among 39,069 Bitcoin addresses named in a lawsuit filed in the New York County Supreme Court under case number 153119/2026. The case was brought by a pseudonymous plaintiff known as Noah Doe, along with two Wyoming based entities, ABC Company and XYZ Company.

The lawsuit seeks ownership of roughly 3.8 million BTC, valued at around $285 billion, under New York’s abandoned property laws. Defendants were notified through Bitcoin’s OP_RETURN feature, which embedded legal notices directly on the blockchain.

The recent transaction suggests the wallet remains under active control, potentially weakening claims that the assets were abandoned. Blockchain researchers noted that several older wallets moved funds after receiving notices, indicating that some Satoshi-era Bitcoin holdings are still accessible to their original owners.