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Bitcoin experienced significant volatility this week, dropping from a high of over $102,000 to around $94,400, influenced by Federal Reserve signals on interest rates and low unemployment data suggesting inflation. Additionally, a U.S. court approved the sale of over 69,000 Bitcoin seized from the Silk Road, potentially adding sell pressure to the market. Investors also pulled substantial funds from American Bitcoin ETFs, contributing to the cryptocurrency's decline.
A British judge has dismissed James Howells' attempt to search a landfill for a hard drive containing 8,000 Bitcoin, valued at over $600 million, which he lost in 2013. Despite his offers to share the recovered funds and detailed safety plans, Newport City Council cited environmental risks and doubts about finding the device intact. This ruling concludes Howells' 12-year quest to reclaim one of the largest lost cryptocurrency fortunes in history.
A UK judge has dismissed James Howells' 12-year legal battle to access a landfill containing a hard drive with over $770 million in Bitcoin, lost due to a disposal error in 2013. The judge ruled there was "no realistic prospect" of success, emphasizing the challenges of locating the hard drive. Howells, while frustrated, acknowledged his ownership of the Bitcoin and is now considering alternative options like tokenization to monetize his digital assets.
James Howells has lost his 12-year legal battle to recover a hard drive containing 8,000 Bitcoin, now valued at around $740 million, which he accidentally discarded in 2013. A judge dismissed his case against Newport City Council, citing no "reasonable grounds" for success, despite Howells' claims of potential local investment from the Bitcoin recovery. The council has denied excavation requests due to environmental concerns, leaving Howells feeling ignored and frustrated by the justice system.
James Howells, an IT engineer from Newport, Wales, has lost a legal battle to recover a hard drive containing 8,000 Bitcoin, valued at over $750 million, which was accidentally discarded in a landfill in 2013. The Newport City Council denied access to the site due to environmental concerns, and a judge ruled that Howells' claims had "no realistic prospect" of success. Despite the setback, Howells remains determined to explore alternative methods to recover his lost fortune.
A judge has dismissed James Howells' lawsuit against Newport City Council, which sought access to a landfill where he claims a hard drive containing 7,500 bitcoins, valued at over £600 million, was discarded in 2013. The court ruled there were no reasonable grounds for the claim, and Howells plans to appeal to the Supreme Court. Despite the setback, he remains determined to recover his lost cryptocurrency, which could be worth £1 billion by next year, but without legal access to the landfill, retrieval remains uncertain.
In a week marked by significant developments in the crypto space, the Bitget Token surged over 81% following a merger, while Vitalik Buterin adopted a viral pygmy hippopotamus with an 88 Ether donation. Meanwhile, James Howells continues his legal battle to recover a hard drive containing $773 million in Bitcoin lost in a landfill. South Korea imposed sanctions on 15 North Koreans linked to cyber thefts, as crypto hacks in 2024 reached $2.3 billion, a 40% increase from the previous year.
James Howells, an IT engineer from Newport, Wales, is engaged in a legal battle to recover a hard drive containing private keys to 8,000 Bitcoin, valued at approximately $773 million, which was accidentally disposed of in a landfill. Despite ongoing refusals from the Newport City Council to allow excavation due to environmental concerns, Howells remains optimistic about retrieving his fortune and plans to compensate stakeholders and contribute to the crypto community if successful. He has assembled a top-tier legal team and is utilizing advanced AI to support his case, while also expressing skepticism about the long-term viability of many cryptocurrencies.
James Howells is embroiled in a legal battle with Newport City Council over a £495 million lawsuit to excavate a landfill where his ex-partner, Halfina Eddy-Evans, discarded a hard drive containing 8,000 Bitcoins in 2009. Eddy-Evans claims she threw it away at Howells' request, believing it held no value. The landfill contains over 1.4 million tonnes of waste, complicating the search for the lost fortune.
James Howells
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