Dormant 2011 Bitcoin Wallet Moves $2.54M After Legal Notice via OP_RETURN
A Bitcoin address, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, which had held 35.55 BTC ($2.54 million) untouched since March 2011, moved its coins on June 2, 2026, becoming one of the first publicly visible responses from a defendant in a New York state lawsuit. The lawsuit, filed March 2026, claims legal title over 39,069 dormant Bitcoin wallets under New York's lost-property statute. The wallet was served via OP_RETURN on July 31, 2025, with a 90-day response window. The move occurred nearly seven months after the deadline and three months after the lawsuit was filed. Galaxy Research identified the wallet as defendant #38215 in the Noah Doe case. Separately, another 15-year dormant wallet, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, moved 20 BTC ($1.48 million) about 13 hours earlier, but it is not listed in the lawsuit. The movements coincide with a sharp Bitcoin decline to near $60,000.
Key facts
- 1LwWt address moved 15 BTC on June 2, 2026, after holding since March 2011.
- Lawsuit seeks title over 39,069 dormant wallets under New York lost-property law.
- Wallet received OP_RETURN legal notice on July 31, 2025, with 90-day deadline.
- Galaxy Research flagged move: defendant #38215 in Noah Doe case.
- Another 2011 dormant wallet moved 20 BTC, but not named in lawsuit.