John Doe 33 Files to Dismiss $229B Satoshi Bitcoin Lawsuit

On July 3, defendant John Doe 33 moved to dismiss the New York Supreme Court suit targeting 39,069 dormant Bitcoin addresses. The motion argues the addresses are mere data strings, not legal entities subject to jurisdiction or lost-property law, potentially blocking a default judgment. The case began June 30 when plaintiffs claimed 3.799 million BTC worth over $200 billion, allegedly tied to Satoshi Nakamoto. Earlier movement of 34,335 BTC from 52 addresses weakened the abandonment theory. Blockchain records show the defendant controls a separate wallet holding 5,000 BTC received in 2014.