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£495 Million Lawsuit Filed for Recovery of Discarded Bitcoin Blockonomi 14 окт 2024

£495 Million Lawsuit Filed for Recovery of Discarded Bitcoin ⚖️

James Howells UK Bitcoin Newport City Council

James Howells is taking legal action against Newport City Council for £495 million, aiming to recover a mistakenly discarded hard drive that contains 7,500 bitcoins, approximately valued at $500 million today. The incident dates back to 2013 when the hard drive was accidentally thrown away.

Howells has been working tirelessly for over a decade to reclaim this valuable asset, believed to be buried in a landfill. Despite persistent efforts, the council has consistently denied his requests to excavate the site.

The ongoing legal battle highlights the challenges in recovering lost digital assets, especially when significant financial stakes are involved. The case serves as a reminder of the importance of digital asset security and the potential real-world complications arising from lost cryptocurrencies.

Источник: blockonomi.com ↗

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