Satoshi Nakamoto Bitcoin Case Weakens After Wallets Prove Active The controversial "abandoned Bitcoin" lawsuit has dropped 44 wallet addresses after on chain activity showed they were not abandoned. According to Galaxy Research's Alex Thorn, every removed wallet had moved

What happened

A lawsuit claiming 44 Bitcoin wallets were abandoned was weakened after blockchain analysis showed each wallet had recent transaction activity, leading to their removal from the case.

Confirmed

Global impact / market context

If the wallets are active, the claim that the assets are unclaimed and can be seized is invalid, reducing potential liability for the parties involved and limiting any forced redistribution of Bitcoin.

Analyst inference

The development reduces uncertainty around a high‑profile legal dispute involving Bitcoin, which may calm short‑term price volatility and reassure investors that large holdings remain under owners' control.

Analyst inference

What to watch

1. Further court filings to see if additional wallets are examined for activity, which could further alter the lawsuit’s scope. Proposed
2. Regulatory responses to the case, as authorities may clarify rules on abandoned cryptocurrency assets. Proposed
3. Market reaction to any updates, especially price movements in Bitcoin if the case is dismissed or settled. Proposed

Affected assets

• BTC — Bitcoin

Evidence

• x.com