UK Judge Dismisses $750 Million Bitcoin Landfill Case, Blocking Recovery Effort

A UK judge has blocked a man's attempt to recover a lost hard drive, believed to contain $750 million worth of Bitcoin, from a landfill. In 2013, James Howells sought permission to excavate a landfill site in Newport, Wales, where he believes a hard drive containing around 8,000 Bitcoin, which he accidentally discarded, is buried. Howells even offered to share a portion of the Bitcoin’s potential value with Newport City Council if the drive was successfully recovered. However, Judge Keyser KC ruled against his lawsuit and request for a full trial, citing the impracticality of the proposed excavation, the BBC reported . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io