The 3.8M Bitcoin Lawsuit Could Set a Dangerous Precedent | BPH Ep 39
Could a New York court really declare 3.8 million dormant Bitcoin — including coins linked to Satoshi — as "abandoned property"? This week the Bitcoin Policy Institute team dissects an anonymous lawsuit built on an obscure lost-and-found statute, and explains why the legal theory is weak but the precedent could be devastating. Ken Egan, Zack Shapiro, and Zack Cohen also cover the Blockchain Regulatory Certainty Act (BRCA) after its Senate Banking Committee markup and the surprising opposition from sheriffs' associations.Alex Thorn Article about New York case attempting to seize bitcoin:
https://www.galaxy.com/insights/research/satoshi-bitcoin-salomon-brothers-patoshi-abandoned-property-new-york-noah-doe-lawsuit
Foreign Influence on AI
https://www.btcpolicy.org/articles/foreign-influence-in-the-campaign-against-american-ai
🔶 Connect with Zack Shapiro on X: https://x.com/zackbshapiro
🔶 Connect with Zack Cohen on X: https://x.com/zackcohen_
🔶 Connect with Ken Egan on X: https://x.com/Bayman11771
🔶 Learn more about the Bitcoin Policy Institute: https://www.btcpolicy.org/
Chapters:
2:32 — Inside the BRCA: Section 1960 and Money Transmitter Rules
8:08 — Why Sheriffs Are Fighting the Blockchain Regulatory Certainty Act
13:22 — Celebrate or Keep Calling? BRCA's Real Senate Battle
16:36 — Begich's American Reserve Modernization Act (ARMA) Explained
23:55 — Midterms, Fair Shake, and the Al Green Upset
30:21 — The New York Lawsuit Over Satoshi-Era Bitcoin
36:29 — Opus 4.8 Launches and Anthropic's Compute Crunch
41:05 — AI's ROI Reckoning and the Business Adoption Gap
50:54 — Sam Lyman's China AI Influence Report & SpaceX in Space
#Bitcoin #BitcoinPolicy #BitcoinPolicyInstitute #BPI #BRCA #BlockchainRegulatoryCertaintyAct #StrategicBitcoinReserve #ARMA #BitcoinAct #NickBegich #BitcoinRegulation #Section1960 #SamuraiWallet #TornadoCash #BitcoinLawsuit #Satoshi #BitcoinReserve #BitcoinCustody #ClarityAct #Coinbase #FairShake #Midterms #BitcoinMining #AIPolicy #Opus48 #DataCenters #ChinaAI #SamLyman #Crypto #CryptoRegulation #BitcoinNews
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. Receive SMS online on sms24.me
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