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Defendant files to dismiss New York lawsuit seeking ownership of 39,069 Bitcoin wallets

Defendant files to dismiss New York lawsuit seeking ownership of 39,069 Bitcoin wallets

A defendant who owns one of the dormant Bitcoin wallets filed to dismiss the New York case, which seeks ownership of $229 billion worth of Bitcoin considered lost.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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