Salomon Brothers Completes Notification Process for Abandoned Crypto Wallets
The revived Salomon Brothers has finished inserting OP_Return notices into potentially abandoned bitcoin (BTC) wallets to protect them from misuse by rogue states and criminal organizations.
- Notices sent aim to prevent access to these wallets.
- Debate surrounds the involvement of figures like Craig Wright.
- Targeted wallets include the "1Feex" address with approximately 80,000 BTC.
- Assets untouched for 14 years may be deemed legally abandoned under the "Doctrine of Abandonment."
- The method for accessing these wallets remains unclear; concerns about Quantum hacking persist.
- 6.51 million BTC worth $700 billion is at stake, raising issues about the Bitcoin community's response time.
- An anonymous client plans to allocate part of recovered bitcoin to a fund for wallet owners who lost their keys.
- Wallet holders have 90 days to claim ownership by sending a transaction or filling out a form.
- Some owners have already moved assets to new wallets in response to the notices.