The 3.8M Bitcoin Lawsuit Could Set a Dangerous Precedent | BPH Ep 39

About this episode

The episode discusses a lawsuit regarding 3.8 million dormant Bitcoin and its potential legal implications.

Could a New York court really declare 3.8 million dormant Bitcoin — including coins linked to Satoshi — as "abandoned property"? This week the Bitcoin Policy Institute team dissects an anonymous lawsuit built on an obscure lost-and-found statute, and explains why the legal theory is weak but the precedent could be devastating. Ken Egan, Zack Shapiro, and Zack Cohen also cover the Blockchain Regulatory Certainty Act (BRCA) after its Senate Banking Committee markup and the surprising opposition from sheriffs' associations. Alex Thorn Article about New York case attempting to seize bitcoin:https://www.galaxy.com/insights/research/satoshi-bitcoin-salomon-brothers-patoshi-abandoned-property-new-york-noah-doe-lawsuitForeign Influence on AIhttps://www.btcpolicy.org/articles/foreign-influence-in-the-campaign-against-american-ai 🔶 Connect with Zack Shapiro on X: https://x.com/zackbshapiro🔶 Connect with Zack Cohen on X: https://x.com/zackcohen_🔶 Connect with Ken Egan on X: https://x.com/Bayman11771🔶 Learn more about the Bitcoin Policy Institute: https://www.btcpolicy.org/ Chapters: 2:32 — Inside the BRCA: Section 1960 and Money Transmitter Rules8:08 — Why Sheriffs Are…

People in this episode

Hosts: Ken Egan, Zack Shapiro, Zack Cohen

Topics covered

• Bitcoin lawsuit
• abandoned property
• Blockchain Regulatory Certainty Act
• legal precedent
• Satoshi
• dormant Bitcoin

Keywords

• Bitcoin
• lawsuit
• abandoned property
• Satoshi
• Blockchain Regulatory Certainty Act
• legal theory
• New York court

Mentioned in this episode

Organizations: Bitcoin Policy Institute, Senate Banking Committee, Blockchain Regulatory Certainty Act

Books & works: Alex Thorn Article

Places: New York

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