• 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

Max Schrems Critiques EU's Digital Privacy Enforcement

chest

Max Schrems, Chairman of noyb, criticizes the EU's digital enforcement measures during the PrivacyInMotion event, calling it a digital failed state.

user avatarDiego Alvarez

Michael Hassett Emerges as Top Contender for Federal Reserve Chair

chest

Michael Hassett is currently the frontrunner to become the next Federal Reserve Chair with a 61% probability according to Polymarket.

user avatarKenji Takahashi

Cryptocurrency Market Remains Unaffected by Fed Chair Speculation

chest

Reports indicate limited reaction in the cryptocurrency market amid speculation about the Federal Reserve Chair replacement.

user avatarMaria Fernandez

Flutter Entertainment Launches FanDuel Predicts in Five States

chest

Flutter Entertainment has launched its prediction market app, FanDuel Predicts, in five states in partnership with CME Group.

user avatarGustavo Mendoza

US Eliminates Tariffs on Brazilian Coffee to Lower Consumer Prices

chest

US eliminates tariffs on Brazilian coffee imports to lower consumer prices.

user avatarRajesh Kumar

Binance Launches Double the Joy Referral Event Offering 1 Million in Token Rewards

chest

Binance is launching a referral event called Double the Joy, offering 1 million in token rewards to enhance user engagement during the holiday season.

user avatarMiguel Rodriguez

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.