IT Expert Pursues £1.5 Billion Bitcoin Lost in Landfill
James Howells, a 38-year-old IT expert, is embroiled in a legal dispute aiming to reclaim a hard drive containing Bitcoin now valued at around £1.5 billion.
The saga began a decade ago when a cleaning error resulted in the disposal of the hard drive at a local landfill, unaware of its significance.
Containing private keys to access 8,000 Bitcoins, the hard drive represents an immense fortune that Howells has been determined to recover over the years.
His efforts have now led him to the High Court, where he seeks access to the landfill to retrieve his property.
Backed by hedge fund investors, Howells’ legal team comprises search experts and data recovery engineers.
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Despite the challenges posed by years of burial, they remain hopeful of restoring the hard drive.
Despite Howells’ offer to share the recovered Bitcoin’s proceeds with the council, their cooperation has been elusive.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
