The Lawsuit Trying to Claim Satoshi’s Bitcoin
Anonymous plaintiffs have asked a New York court to declare them owners of more than 3.7 million long-dormant BTC, including addresses suspected of belonging to Bitcoin creator Satoshi Nakamoto. Galaxy Research digs into the lost-property theory behind the claim – and why the address list raises some glaring problems. Read more →
NAKA’s Problems Pile Up
We’ve covered Nakamoto Holdings (NAKA) before, and the basic concern hasn’t changed – the company always looked like a Bitcoin treasury trade with way too many moving parts. Now, a deeper investigation from Justin Bechler argues the situation has gotten even messier. The piece digs into NAKA’s collapsing stock price (was halted two days ago), reverse split, insider transactions, bitcoin-backed debt, and the broader web of Bitcoin media, conference, and asset-management assets tied to David Bailey. Read more →
Grayscale shelves IPO until Q4 at earliest
Grayscale has paused its IPO preparations due to unfavorable market conditions and is unlikely to restart before the fourth quarter. The crypto asset manager, which filed confidentially for an IPO in November, joins Kraken parent Payward, ConsenSys, and Ledger in delaying listings as weaker trading volumes and disappointing post-listing performance from firms like BitGo have dampened investor appetite for crypto IPOs in 2026. Read more →
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