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Lawsuit claims 3.8M dormant BTC using police lost-and-found rules as Congress races to stop it with CLARITY

Source: CryptoSlate · 2026-07-26
Section 20216 of the latest CLARITY draft states that a self-custodied digital asset cannot become abandoned, unclaimed, or forfeited. It also cannot become subject to adverse possession or finder's title solely because its owner has not moved it or otherwise shown continued interest. The language overrides state and local laws that treat years of wallet inactivity alone as grounds for transferring ownership to someone else. The May 8 and May 20 Senate drafts protected only the ability to hold a
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