• 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

SpaceX Pre-IPO Tokenized Offerings Canceled Due to Allocation Issues

chest

Several crypto platforms canceled SpaceX pre-IPO tokenized offerings due to failed share allocation, leading to refunds for customers.

user avatarMiguel Rodriguez

Arbitrum Governance Proposes Major Funding for Foundation

chest

Arbitrum governance is evaluating a funding proposal for the Arbitrum Foundation, seeking 16 million in real-world assets, 1,700 ETH, and 230 million ARB tokens to support its operations for another year.

user avatarLuis Flores

Crypto Scammers Target 2026 World Cup Fans

chest

TRM Labs warns of emerging crypto scams targeting fans of the 2026 World Cup, including fake ticketing and speculative tokens.

user avatarArif Mukhtar

Ethereum Researchers Introduce SPHINCS for Quantum-Resistant Signatures

chest

Ethereum researchers introduce SPHINCS, a post-quantum signature design for enhancing wallet security against quantum computing threats.

user avatarDavid Robinson

Bitcoin Faces Major Liquidation Event Amid Price Fluctuations

chest

Bitcoin traders faced significant liquidations as the price fluctuated sharply, resulting in nearly $980 million in liquidations within 24 hours.

user avatarMaria Gutierrez

Sky Governance Forum Emphasizes Editorial Policy

chest

The Sky Governance Forum has established a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAndrew Smith

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.