🚨 Nick Szabo Warns: $44M in Bitcoin Suddenly Moved Amid State Seizure Fears!

Today, the crypto world witnessed a thunderclap moment — a Bitcoin wallet untouched for 12 years just moved 400 BTC (worth $44 million!).

According to Whale Alert, the dormant coins suddenly sprang to life, sparking panic and wild speculation across the Bitcoin community.

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💣 “Salomon Brothers” Controversy: Threat or Coincidence?

Whispers are swirling that this transfer may be connected to the so-called “Salomon Brothers” notices.

🔹 In August, an entity under this old Wall Street name started sending legal-style warnings directly into dormant wallets using Bitcoin’s OP_RETURN function.

🔹 These messages claimed ownership of the assets unless the rightful holders proved their control within 90 days.

This campaign sent shockwaves through HODLers, especially those with long-sleeping coins.

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🧠 Nick Szabo’s Warning: “Escheatment Is Coming”

Legendary cryptographer Nick Szabo stepped in with a chilling interpretation.

He pointed to California’s AB 1052 bill, which could classify crypto left untouched for 3 years as “unclaimed property.”

That means the state might try to confiscate your Bitcoin — the same way it seizes dormant bank accounts, safe deposits, or paychecks.

Szabo wrote on X (Twitter):

> “Salomon Brothers no longer exists. There was (is?) legislation in California that implied bitcoin could escheat to state, like most centralized financial assets, if not touched for N years. So I think this is somebody moving their Bitcoin in preparation…”

🔥 Translation?

This $44M transfer could be a wake-up call for every HODLer: move your coins before the state comes knocking.

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⚡ Protest or Pure Security?

Another interpretation is that the transfer is a direct protest signal against AB 1052.

A silent way to tell lawmakers: “Hands off our Bitcoin.”

But beyond politics, Szabo also reminded the community:

> “For security as well as legal reasons, it’s a good idea to move your Bitcoin every few years.”

In other words — whether you fear hackers, seizures, or sneaky legislation — never let your coins gather dust.

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🚀 The Bigger Picture

This event is more than just 400 BTC on the move.

It’s a flashing warning sign:

✅ Dormant Bitcoin is being hunted — whether by scammers, old banks’ names, or governments.

✅ New laws like AB 1052 could make your HODL vulnerable.

✅ Even legends like Szabo are urging: stay proactive, stay sovereign.