• 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

Solana Breaks Out of Long-Term Descending Channel

chest

Solana has successfully broken out of a long-term descending channel, marking a significant structural shift in its price action.

user avatarFilippo Romano

Increase in Bitcoin Whale Transactions on Binance Amid Price Volatility

chest

Surge in large Bitcoin transactions on Binance indicates increased whale activity amid price fluctuations.

user avatarEmily Carter

Crypto Analyst Predicts Bullish Trend for Cardano

chest

Crypto analyst Ali Martinez predicts a bullish trend for Cardano, citing a bullish SuperTrend signal and significant accumulation among large ADA wallets.

user avatarTomas Novak

Alpenglow Upgrade and New Partnerships Boost Solana

chest

Alpenglow upgrade aims to enhance Solana's network speed by 100 times, while Western Union launches USDPT stablecoin, boosting adoption.

user avatarKaterina Papadopoulou

Market Reactions to CLARITY Act: Bitcoin and XRP Show Strong Momentum

chest

Market reactions to the CLARITY Act show significant price movements for Bitcoin and XRP, with traders optimistic about potential gains.

user avatarMaya Lundqvist

CLARITY Act Advances in Senate Banking Committee

chest

The CLARITY Act has successfully passed a key vote in the Senate Banking Committee, moving closer to becoming law.

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.