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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.
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