Monitored by Woofun AI, the Wyoming litigation seeking legal recognition of ownership over approximately 39,069 dormant BTC addresses remains under active judicial review. Two anonymous entities filed the suit to classify these wallets as 'abandoned property,' potentially claiming assets valued at over $200 billion, including those attributed to the 'Satoshi Nakamoto era.'

Bitcoin attorney Ian R. Cohen submitted an amicus curiae opinion on May 29, asserting that New York's lost-and-found statutes do not apply to self-hosted BTC and that 'inactive' status does not equate to 'abandonment.' He emphasized that control over private keys constitutes ownership. Judge Kathy King issued a temporary stay on June 4 to prevent a default judgment, but plaintiff David Lin requested its revocation on June 18. Cohen countered on June 19, noting that blockchain data revealed at least 52 addresses moved approximately 34,335 BTC, with 29 transferring another 12,302 BTC after court notice, directly challenging the abandonment premise.