CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CryptoIntelligence 2024-10-13 05:34:00

British IT Engineer Sues Council Over Lost 8,000 Bitcoin

James Howells, an IT engineer from Newport, UK, is suing Newport City Council for 495 million British pounds (approximately $647 million) after accidentally discarding a hard drive containing 8,000 Bitcoin. According to WalesOnline, Howells has repeatedly sought permission from the council to retrieve the hard drive from a local landfill but has faced consistent rejection. The drive, which was mistakenly thrown out during a household clearout in 2013, now holds Bitcoin valued at nearly half a billion pounds. Howells has been trying to recover the lost hard drive for over a decade. The hard drive ended up in a landfill

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.