Satoshi's Bitcoin Wallets Can't Be Unlocked With a 24-Word Seed Phrase

Published at 2025-11-14 01:02:34

Claims resurfacing on social media that a 24-word mnemonic can unlock Satoshi Nakamoto’s estimated 1.1 million BTC ignore basic technical history. The BIP39 mnemonic/seed standard was introduced years after Satoshi’s known activity, and many early addresses were created with non-BIP39 key formats or individual private keys. Simply applying a modern 24-word phrase does not map to those legacy private keys.

The practical takeaway is that sensational posts may encourage scams or risky behavior, but they don’t change cryptographic reality: moving those coins would require the original private keys, not a newly guessed mnemonic. Users should be wary of services or claims asking for keys or payments to “unlock” historic wallets, and treat such viral assertions skeptically while relying on established wallet-security practices.

Share on:

Related news

South Korea Supreme Court Rules Exchange-Held Bitcoin Is Seizable

South Korea’s Supreme Court held that bitcoin stored on cryptocurrency exchanges can be seized in criminal investigations, treating virtual assets as property under criminal procedure law. The decision clarifies how exchanges must respond to law enforcement requests and could speed recovery of criminal proceeds.

Wall Street Banks Go All-In on Bitcoin, Stablecoins, and Tokenized Cash

Major Wall Street banks are shifting infrastructure onchain, rolling out tokenized deposits, backing stablecoins, and supporting spot Bitcoin exposure. The move marks a broad institutional embrace of crypto primitives within traditional finance.

Morgan Stanley Reportedly Launching Proprietary Crypto Wallet

Morgan Stanley is reportedly developing its own proprietary digital wallet as part of a broader push into digital assets ahead of 2026. The move follows the bank’s announcement that it plans to launch a bitcoin ETF, which would mark a first for a major U.S. bank.

Bitcoin Rises After Weak U.S. Jobs Report, Traders See Fed Holding Rates

Bitcoin climbed after December’s U.S. jobs report showed weaker-than-expected payrolls growth and a softer unemployment reading, boosting bets that the Fed will pause rate hikes. Markets are treating the news as supportive for risk assets but remain watchful for further macro signals.

Published at 2026-01-09 14:15:08
Florida Lawmakers Propose State-Run Bitcoin Reserve Bill

Florida lawmakers introduced a bill on Jan 9 proposing a state-run Bitcoin reserve to diversify the treasury and hedge against inflation. If passed, the measure would make Florida one of the first U.S. states to hold BTC on its balance sheet.

Published at 2026-01-09 06:15:08