[Bitcoin Address Dormant for 15 Years Transfers 30 BTC, Linked to New York Lawsuit] According to a report by Cointelegraph, the Bitcoin address 1KV47 transferred 30 BTC (approximately $1.88 million) after being dormant for 15 years. This address is one of 39,069 addresses listed in a New York lawsuit, where the plaintiff, Noah Doe, and two Wyoming-based companies claim ownership of these dormant Bitcoins. Data from Alex Thorn, Head of Research at Galaxy Digital, shows that 17,527 BTC from 31 related addresses were transferred in June, up from 4,834 BTC in February. Legal experts point out that dormancy of an address does not equate to relinquishing ownership, and without proof of private keys, the basis for the lawsuit is weak.