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this post was submitted on 22 Sep 2026
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A Boring Dystopia
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For claimable property like a wallet yes. For loose money there is no obligation to do so.
Technically in most jurisdictions in pedant world you’re supposed to do the Hokey Pokey first, then turn yourself around. That’s what it’s all about
There's penalties if the owner manages to prove ownership which is excessively difficult even with video. The law hinges on knowing to be theft and proving ownership also means proving you didn't abandon it and along with littering the fact it is abandoned when it was found is an affirmative defense, the owner would be the one to jump through hoops to prove, it's theirs and they did not abandon it.
Depends on jurisdiction, obviously, but not always the case. Technically in New York any lost property with a value over $20 must be turned into police (NY Personal Property Law §§ 251–258). But as you say the ability to prove ownership of loose currency is basically nonexistent (unless you’re Mr burns in that one Simpsons episode) so prosecution is unheard of. At least, until we met our current surveillance state dystopia
Also in NY the money is not inherently turned back to the finder. Found money goes into the city treasury unless the finder stakes a claim. But this would likely take so much time and paperwork headache that any feasible currency you would find would almost certainly not be worth the effort (maybe if you find some mafia dummy’s billfold, I guess, but then it’s approaching “wallet” territory anyway and also probably a bad idea to keep for other reasons)
Sorta. Theres only a penalty in New York if you know it's lost not abandoned or knowingly taking. Generally speaking the resolution for lost property finding an owner is double repayment if they can prove it's theirs and lost not abandoned which is excessively difficult to prove.