NY Man Sues to STEAL $286B in "Abandoned" Bitcoin
Episode Summary
Bitcoin lawyer Ian Cohen, known as the Bitcoin Lawyer Guy, joins The Daily Stack to break down a New York lawsuit in which an anonymous plaintiff seeks title to bitcoin in about 39,000 wallets that have been dormant for 5 years or more, a claim the host described as worth over $280 billion. Cohen explains the plaintiff's under-$10 valuation strategy, the abandoned property and crypto statutes involved, notice and jurisdiction problems, the Mt. Gox wallet listed in the exhibit, and the order to show cause he filed just before the stream.
About This Episode
This episode of The Daily Stack covers topics related to Bitcoin and cryptocurrency. Watch the full episode above for the complete discussion.
Episode Details
- Title
- NY Man Sues to STEAL $286B in "Abandoned" Bitcoin
- Channel
- The Daily Stack
- Published
- May 30, 2026
- Duration
- 31:45
- YouTube ID
- Fn9eb9OTR3M
Explore More Bitcoin Content
Discover more Bitcoin podcasts, interviews, and educational content on 21Rates. We curate the best cryptocurrency video content to help you stay informed about the Bitcoin ecosystem.