COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: James Howells Files $647 Million Lawsuit to Locate Lost Bitcoin Hard Drive
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin News > James Howells Files $647 Million Lawsuit to Locate Lost Bitcoin Hard Drive
Bitcoin News

James Howells Files $647 Million Lawsuit to Locate Lost Bitcoin Hard Drive

In Brief

  • James Howells files a lawsuit to find his lost Bitcoin hard drive.

  • The Newport City Council refuses the search due to environmental concerns.

  • Howells believes he can recover a significant amount of Bitcoin if found.

İlayda Peker
İlayda Peker 8 months ago
Share
SHARE

According to an article shared by WalesOnline, James Howells has filed a lawsuit against the Newport City Council for approximately $647 million. Howells made this decision after failing to locate his hard drive containing lost Bitcoin (BTC) $104,477 for over a decade.

Contents
Bitcoin Hidden in TrashWhy Can’t the Bitcoin Be Retrieved?

Bitcoin Hidden in Trash

For more than ten years, Howells has tried to communicate with the council without success. The recent lawsuit was filed due to the council largely ignoring his previous communications. Howells seeks to investigate 100,000 tons of waste and has agreed to fund the team that would conduct this search. The item of interest in the trash would be the hard drive containing his hundreds of millions of dollars worth of Bitcoin, which he would share 10% of with the council for their efforts once the hard drive is found. However, he has not received the response he desired.

According to Howells, the hard drive contains 8,000 Bitcoin, which is currently worth over $500 million. The drive was sent to a recycling center after being accidentally thrown away by Howells’ ex-wife, along with a bag of trash containing the Bitcoin wallet.

Why Can’t the Bitcoin Be Retrieved?

The council rejected the search proposal due to environmental concerns. A council spokesperson stated, “Our council has repeatedly informed Mr. Howells that the investigation is not possible under our environmental permits, and such activities could have significant negative impacts on the environment.”

Howells’ team indicated that 80% of the Bitcoin could be recovered if the hard drive is located. However, the council’s environmental concerns remain the biggest obstacle to the case. This lawsuit is a result of Howells’ decade-long struggle to recover his Bitcoin. The increasing value of Bitcoin has further amplified the significance of this case.

Although the excavation of the area where the hard drive is suspected to be located has been deemed environmentally hazardous by the council, Howells continues to plead and finds the council’s decision unjust.

As a result, this man searching for hundreds of millions of dollars worth of BTC in the trash is now playing his last legal cards. Unless a significant surprise occurs, the hard drive may remain lost indefinitely due to environmental impacts and funding issues. This incident would undoubtedly disturb anyone who experiences it.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

BlackRock’s Bitcoin ETF Rockets To New Heights

Metaplanet Reaches Milestone with Massive Bitcoin Acquisition

Peter Schiff Issues Crucial Bitcoin Warning to Strategy Shareholders

Expert Warns of Potential Bitcoin Decline with Familiar Patterns

Global Companies Embrace Bitcoin with Remarkable Speed

İlayda Peker 15 October, 2024 - 4:03 am 15 October, 2024 - 4:03 am
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article BOME Token Shows Signs of Recovery and Gains Popularity
Next Article Majority of Crypto Investors Adopt Dollar Cost Averaging Strategy
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Altcoin Sherpa Warns of Potential Decline as WIF Faces Critical Support Level
Altcoin News
Major Crypto Mining Firms Expand Operations to the US
Cryptocurrency Mining
U.S. Seizes Millions in Crypto to Combat Fraud
Cryptocurrency Law
You Won’t Believe How Companies Amass Billions in Cryptocurrency!
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?