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More than $11.4 billion in the crypto currency Bitcoin, allegedly stolen from a China-Iran crypto mining operation but now in U.S. hands, has touched off a “race to the courthouse” in New York by multiple law firms seeking to claim it for the 9/11 families and other victims of terrorism.
Fifteen years ago, a federal judge ruled Iran was liable for providing “material support” to the al Qaeda terrorists who hijacked four U.S. passenger jets on Sept. 11, 2001 and crashed them into New York’s World Trade Center towers, the Pentagon and a field in Pennsylvania. Nearly 3,000 people were killed in the attacks.
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Wednesday evening, four law firms declaring that they represent “approximately 95 percent of the wrongful death and serious physical injury (9/11) plaintiffs,” wrote to U.S. District Judge George Daniels to take issue with motion papers filed five days earlier by two law firms representing a subset of 9/11 victims known as the “Havlish plaintiffs” that asks the court to allow them to take control of all that Bitcoin.
“In recent days and weeks, a number of other judgment holders, with claims primarily relating to Iranian terrorism, and others, have asserted claims against the Bitcoin assets in the forfeiture proceeding, including many other 9/11 victims in this MDL [Multi-District Litigation],” says the letter written by New York attorneys Jerry Goldman of Anderson Kill; Megan Wolfe Benett of Kreindler & Kreindler; Jeanne O’Grady of Speiser Krause, and John Eubanks of South Carolina’s Motley Rice law firm.
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