UK man looks to buy landfill site amid search for $784m lost Bitcoin


Bild von Bitcoins vor einem Mond

  • James Howells claims to have lost a hard drive with 8,000 BTC at a landfill site in 2013
  • The man now wants to buy the landfill site as the search for the lost BTC worth over $784 million continues

James Howells, the man who has been in search of his lost Bitcoin worth over $784 million since 2013, is seeking to buy a landfill.

Howells claims to have mistakenly discarded a hard drive that contained 8,000 BTC and is seeking to buy the landfill site where he lost it in an attempt to recover his fortune.

The man filed a lawsuit in a bid to have the Newport Council dig up the landfill to try and find the lost Bitcoin. In over 10 years Newport Council has made no attempts to try to recover the discarded Bitcoin.

The quest for the lost BTC

Howells reported that his fiancé discarded the hard drive containing cryptocurrency estimated to have a market value of $784 million in the landfill site in 2013. In an attempt to get his crypto assets back, Howells wants to buy the landfill site.

BBC recently reported that Howells has approached various investors with a bid to potentially buy the whole landfill site.

Since 2013, Howells claims that Newport City Council have disregarded his plea to be allowed to search for his fortune. Earlier today, it was reported that the UK landfill site containing the lost Bitcoin hard drive is set to close.

The city council announced plans to have the landfill site converted to a solar farm on the site after acquiring planning permission last August.

Howells had filed a lawsuit against the council seeking legal grounds to hunt for the Bitcoin. In January, a high court judge made a ruling dismissing the case that required Newport council to forcefully allow Howells to search for his Bitcoin.

Judge Keyser KC, the Circuit Commercial Judge for Wales, said there are no “reasonable grounds” for succeeding at a full trial.

During the hearing, Howells noted that Newport council claimed that granting him a search warrant would have detrimental effects on the people around Newport. Plans to close the landfill were also underway, and that would be soon.

After failed attempts to have the council retrieve the hard drive worth millions for him, Howells offered to buy the whole landfill.

“I have discussed this option recently with investment partners and it is very much on the table,” he said, according to the BBC.





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