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Woofun AI reports that attorney Alex Thorn has formally requested the court to avoid issuing a unilateral default judgment in the ongoing legal dispute regarding Bitcoin assets attributed to Satoshi Nakamoto. Thorn argues that the prolonged absence of transaction activity on specific addresses does not legally constitute loss or abandonment of the underlying BTC holdings.
This procedural move aims to prevent a premature ruling that could establish problematic precedents for self-custodied Bitcoin assets. A default judgment might erroneously equate dormant addresses with unclaimed property, potentially triggering extensive legal debates over the definition of asset ownership in decentralized finance contexts. The case remains in the hearing stage as parties navigate these complex jurisdictional questions.