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Salomon Brothers Claims Rights to Dormant Bitcoin Wallets

By ToTo BugelmanNewcomer0 rep· 8/8/2025

Salomon Brothers has announced the completion of a unique initiative to notify holders of "abandoned" Bitcoin wallets. The revived investment bank has inserted OP_Return notices into specific wallets, aiming to prevent malicious actors from accessing dormant digital assets. This move has sparked considerable discussion within the cryptocurrency community regarding security and the definition of abandoned property.

 

Текст уведомления: Salomon Brothers

 

Key Takeaways

  • Salomon Brothers has completed the notification process for "abandoned" Bitcoin wallets.

  • The initiative uses OP_Return notices to flag these wallets.

  • The stated goal is to prevent malicious actors from accessing dormant assets.

  • The process has generated debate regarding security and ownership.

 

A Novel Approach to Digital Asset Security

Salomon Brothers has undertaken a process to insert OP_Return notices into Bitcoin wallets that are presumed to be abandoned. This strategy is designed to deter "rogue states and criminal organizations with significant resources" from potentially gaining control of these dormant funds in the future. The New York-based investment bank views this as a proactive measure to safeguard assets that have remained untouched for extended periods.

 

The "Doctrine of Abandonment" and Wallet Access

According to Salomon Brothers' website, assets left untouched for 14 years may be considered legally abandoned under a "Doctrine of Abandonment." This legal principle potentially opens avenues for repossession. However, the precise methods Salomon Brothers intends to use to gain access to these wallets remain undisclosed. The community is also concerned about the vulnerability of these wallets to future threats, such as quantum hacking, with some experts criticizing the current pace of development for preventative measures.

 

Community Reaction and Future Plans

The initiative has not been without controversy, with speculation arising about potential ties between Salomon Brothers and individuals like Craig Wright. David Carvalho, CEO of Naoris Protocol, commented on the cleverness of using Bitcoin's own infrastructure as a "bulletin board," noting the targeting of significant wallets like the "1Feex" address, which holds approximately 80,000 BTC.

Salomon Brothers has indicated that its anonymous client plans to allocate a portion of any recovered bitcoin to a fund for original wallet owners who may have lost their keys. Further details on this fund are expected in the coming months. The notices issued provide a 90-day window for owners to "claim ownership" by initiating a transaction or completing a form on the Salomon Brothers website. Reports suggest that some owners have already responded by moving their assets to new wallets.

 

Sources

 

This article was created with support from AI-driven technology, drawing on multiple reputable sources. The final content has been thoroughly reviewed and edited by BlockzHub's editorial team to ensure accuracy, clarity, and coherence. Original reporting sources are credited whenever appropriate and as required. The opinions expressed in this article do not necessarily represent the official views or positions of BlockzHub. This article is intended for informational purposes only and should not be considered financial or professional advice. Investing involves risk, and you should consult a qualified financial advisor before making any investment decisions.

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Salomon Brothers Claims Rights to Dormant Bitcoin Wallets | BlockzHub