Bitcoin Inheritance Law Creates Uncertainty for Early Adopters

A large number of Bitcoin from the early days of cryptocurrency is at risk of being claimed by others due to inactivity.

Under New York's lost-and-found laws, wallets that have been inactive for a certain period can be reported to the police. This law allows a finder to claim ownership of the assets if the original owner does not respond within 90 days.

The total value of these unclaimed Bitcoin is estimated to be around $293 billion.