UK Man Sues for Access to Landfill in $500M Bitcoin Search
James Howells is taking legal action against Newport City Council to recover a hard drive containing 8,000 Bitcoins he accidentally discarded in 2013.
- James Howells, an IT engineer from Newport, Wales, has filed a lawsuit against the local council for denying access to a landfill where he believes his lost hard drive containing 8,000 Bitcoins is located.
- The lawsuit seeks £495 million ($647 million) in damages, reflecting the peak value of the Bitcoins, as Howells aims to leverage the case to gain excavation rights.
- Howells has offered the council 10% of the recovered Bitcoin value and assembled a team to conduct the excavation at no cost to the council, though environmental concerns have been cited as a major barrier.
- The case is scheduled for a court hearing in December, with Howells prepared to take the legal battle to the UK's Supreme Court if necessary.
- Despite the financial and legal challenges, Howells remains determined to recover the hard drive, which was accidentally discarded by his partner over a decade ago.