{"id":40957,"date":"2025-08-07T12:03:03","date_gmt":"2025-08-07T12:03:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40957"},"modified":"2025-08-07T12:03:03","modified_gmt":"2025-08-07T12:03:03","slug":"salomon-brothers-say-it-has-completed-process-of-notifying-abandoned-crypto-wallets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40957","title":{"rendered":"Salomon Brothers Say It Has Completed Process of Notifying ‘Abandoned’ Crypto Wallets"},"content":{"rendered":"
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The revived Salomon Brothers announced on Thursday that it has completed the process of inserting OP_Return notices to bitcoin (BTC) wallets assumed to have been abandoned.<\/p>\n

According to a press release shared with CoinDesk, the New York-based investment bank are sending the notices to prevent “rogue states and criminal organizations with significant resources” from potentially accessing these wallets in future.<\/p>\n

The process itself has created a wealth of debate, with speculation suggesting the Salomon Brothers have ties to people like Craig Wright<\/a>.<\/p>\n

“[They] are using Bitcoin’s own infrastructure as a bulletin board,” David Carvalho, CEO of Naoris Protocol, told CoinDesk. “It’s very clever. And they’re going big, targeting some infamous wallets like the “1Feex” address, which holds around 80,000 BTC.”<\/p>\n

According to the Salomon Brothers website, assets left untouched for 14 years may be considered legally abandoned under a “Doctrine of Abandonment,\u201d thus leaving the front door open in terms of repossession.<\/p>\n

The method of gaining access to those wallets remains unclear, Carvalho told CoinDesk that the bitcoin community “isn’t doing what needs to be done” to prevent methods like Quantum hacking.<\/p>\n

“The draft BIP proposals are entirely inadequate, and achieving consensus on a hard fork will take so long that it will be too late. Considering 6.51 million bitcoin worth of $700 billion is at stake, it\u2019s staggering how slow the Bitcoin community is moving,” he added.<\/p>\n

The Salomon Brothers said that its client, who remains anonymous, plans to allocate a portion of the recovered bitcoin to a fund intended for wallet owners who lost their keys, details of which will be released over the coming months.<\/p>\n

The notices sent to wallet holders give a 90 day deadline, within which they can “claim ownership” of the wallets by sending a transaction or filling out a form on the Salomon Brothers website. <\/p>\n

The press release notes that “some owners responded to the notices by moving their digital assets to new wallets.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The revived Salomon Brothers announced on Thursday that it has completed the process of inserting OP_Return notices to bitcoin (BTC) wallets assumed to have been abandoned. According to a press release shared with CoinDesk, the New York-based investment bank are sending the notices to prevent “rogue states and criminal organizations with significant resources” from potentially […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40957","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40957"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40957\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}