Revived Salomon Brothers Inserts OP_Return Notices into Abandoned Bitcoin Wallets

Revived Salomon Brothers has issued OP_Return notifications to wallets inactive for over 14 years, prompting a 90-day window to reclaim assets and plans for a special fund for lost-key holders, stirring debate over its approach.

BTC

Summary

According to an official press release, Solomon Brothers has sent OP_Return notices to inactive Bitcoin wallets including the '1Feex' wallet holding 80,000 BTC, giving owners a 90-day period to reclaim their assets and noting plans for a special fund to assist holders who lost their private keys, which has sparked both praise and criticism.

Terms & Concepts
  • OP_Return: A Bitcoin opcode used to embed data in transactions, serving as a method for including notices on the blockchain.