Satoshi-era wallet moves 75 BTC after $260 billion lawsuit notice
In short
A Satoshi-era Bitcoin wallet moved 75 BTC after being served in a $260 billion lawsuit. The transfer was worth about $5 million and also spent the small payment used to deliver a court notice in May.
The move matters because the wallet had held the coins since 2011, and it happened while the lawsuit was ongoing.
What the reporting says
A Satoshi-era wallet moved 75 BTC after being served in a $260 billion lawsuit, spending the tiny payment used to deliver a court notice to the address in May. The transfer was worth roughly $5 million. The wallet had held the coins since 2011, making the move notable in the context of the legal notice delivery.
Why it matters
A wallet linked to the early Bitcoin era moved 75 BTC after receiving a court notice in a $260 billion lawsuit.