• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

James Howells Remains Without $770 Million in Bitcoin

user avatar

by Giorgi Kostiuk

a year ago


James Howells, an IT engineer from Newport, Wales, faced the final dismissal of his lawsuit to gain access to a landfill to retrieve a lost hard drive containing Bitcoin worth over $770 million.

The Lost Drive History

In 2009, James Howells mined 8,000 Bitcoins, which at the time were nearly worthless. In 2013, with Bitcoin valued at around $13, he accidentally disposed of the hard drive containing these Bitcoins. Since then, Howells has persistently tried to retrieve the drive, realizing its significance as the value of the cryptocurrency surged.

Court Proceedings

On October 11, 2024, Judge Keyser dismissed Howells' lawsuit, stating the case had 'no realistic prospect' of success. This decision was another setback in his years-long efforts to gain permission to access the landfill, even promising to share the found Bitcoins proved unsuccessful in swaying authorities.

Access Issues to Landfill

Local authorities stated that excavation at the landfill is impossible due to potential environmental harm, a fact they have communicated to Howells multiple times. Meanwhile, Howells accuses the authorities of breaching environmental laws, citing alleged harmful substance leaks from the landfill.

James Howells' attempts to recover the lost Bitcoin drive remain unsuccessful. The legal case is closed, but debates over alleged environmental violations continue.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Staking Reaches Record Highs Amid Market Uncertainty

chest

Ethereum's staking contracts have seen a significant increase, with approximately 39 million ETH now locked, reflecting a structural commitment to the network.

user avatarRajesh Kumar

Analyst Highlights Long-Term Cup and Handle Pattern for XRP

chest

Market observer ChartNerd has identified a long-term Cup and Handle pattern for XRP, suggesting potential price increases in the future.

user avatarLucas Weissmann

UK Lawmakers Push for Ban on Crypto Donations Amid Transparency Concerns

chest

UK lawmakers are advocating for a temporary ban on crypto donations to political figures and parties due to concerns about transparency and foreign influence.

user avatarFilippo Romano

ChatGPT Enhances Financial Advice with New Feature

chest

ChatGPT's new personal finance feature enhances financial advice by analyzing users' spending data from the last 90 days to create personalized financial plans.

user avatarEmily Carter

OpenAI Introduces Personalized Finance Feature in ChatGPT

chest

OpenAI has launched a new personal finance feature in ChatGPT that connects to users' actual bank accounts, providing tailored financial advice based on their spending habits.

user avatarTomas Novak

Hana Financial Group Makes Major Investment in Dunamu

chest

Hana Financial Group announced a major investment in Dunamu, acquiring a 65.5% stake for approximately 1 trillion Korean won, marking the largest investment by a South Korean bank in a digital asset company.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.