The Bitcoin Policy Institute, or BPI, has formally asked a court to let it intervene in the closely watched "Noah Doe" case and join the matter as a defendant, according to a social media post on July 11 from Galaxy head of research Alex Thorn. BPI said its filing was made under the relevant provisions of New York’s Civil Practice Law and Rules and that it had not previously made a similar request to any court on this issue.
Based on the submitted documents, BPI’s proposed answer denies the main allegations in the plaintiff’s complaint. The institute said it only admits that the plaintiff is seeking declaratory relief through the case. For the remaining allegations, BPI either denies them or says it lacks enough information to form a belief.
BPI also described itself in the filing as a nonpartisan, nonprofit organization founded in 2021 and headquartered in Washington, D.C. The institute said it studies the policy and social effects of Bitcoin and emerging monetary networks and conducts its work independently, without influence from crypto companies, exchanges, or other industry participants. The case has drawn market attention because it involves an anonymous person attempting to obtain ownership, through legal process, of a large amount of Bitcoin said to belong to Satoshi Nakamoto. BPI said it plans to oppose the plaintiff’s claims and push for the entire lawsuit to be dismissed.
BPI seeks to intervene in Noah Doe case
Bitcoin Policy Institute has formally asked the court to let it intervene in the closely watched "Noah Doe" case and participate as a defendant, according to a July 11 social media post from Galaxy head of research Alex Thorn.
BPI said the request was filed under the relevant provisions of New York’s Civil Practice Law and Rules. It also said it had not previously submitted a similar application to any court on the matter.
Proposed answer rejects core claims
According to the filed documents, BPI’s proposed answer broadly denies the main allegations in the plaintiff’s complaint. It only acknowledges that the plaintiff is seeking declaratory relief through the case. On the remaining allegations, BPI either denies them or says it lacks sufficient information to form a belief.
Institute says it will seek dismissal of the suit
BPI said it was founded in 2021 and is a nonpartisan, nonprofit organization based in Washington, D.C. The group said it focuses on the policy and social impact of Bitcoin and emerging monetary networks, and that it conducts research independently without influence from crypto companies, trading platforms, or other industry participants.
The case has attracted market attention because it involves an anonymous individual trying to use legal proceedings to obtain ownership of a large amount of Bitcoin allegedly belonging to Satoshi Nakamoto. With its bid to enter the case as a defendant, BPI said it will oppose the plaintiff’s claims and ask the court to dismiss the entire lawsuit.
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