• 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

Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support

chest

Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.

user avatarBayarjavkhlan Ganbaatar

XRP Holds Above Key Psychological Level Amid Market Uncertainty

chest

XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.

user avatarMohamed Farouk

Open Standard Launches Open USD Stablecoin to Challenge Market Leaders

chest

Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.

user avatarElias Mukuru

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

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.