Judge refuses to let man search landfill for his lost $713 million Bitcoin hard drive– www.techspot.com
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Excerpt:
What just happened? The sad case of James Howells, the man who has spent the last decade trying to recover a hard drive containing $713 million worth (at the time of writing) of Bitcoin from a local landfill, may have come to an end. He sued his local council for the right to search the site last year, but a judge has thrown out the case before it went to full trial at the High Court.
Howells has been unsuccessfully trying to persuade the council of Newport, Wales, to allow him to dig for the 2.5-inch drive for years. He even promised to donate 10%, or around $71 million, of the Bitcoin to the local community if allowed to carry out a successful search.
In October, Howells sued the city for the right to search the landfill or pay him £495 million ($607 million) in compensation. He claimed in court that he has a “finely tuned plan” to recover the component, and that its position has been narrowed down to a small area.
