NY lawsuit claims ownership of 3.8M Bitcoin, including Satoshi’s addresses

Kwon Crash

Published Jun 1, 2026, 4:51 AM UTC

Source: CryptoSource
- New York regulators have filed a lawsuit claiming ownership of 3.8M Bitcoin, including Satoshi’s addresses. Because nothing says “decentralization” like a state agency trying to seize the genesis block. This legal circus challenges BTC’s scarcity and will likely spook institutional investors who prefer their assets free from bureaucratic hand-holding. It’s not innovation; it’s just another attempt to regulate math. While they argue over keys, the network keeps ticking. Moonboys can keep dreaming of price pumps, but this lawsuit is just noise from an entity that doesn’t understand the tech it’s trying to control. Stay liquid, stay skeptical, and remember: code doesn’t care about your subpoena.