A landfill in Newport, Wales, is closing, where it is claimed a hard drive containing 8,000 bitcoins, valued at $768 million, is buried. James Howells, an IT specialist who lost the disk in 2013, has sued local authorities in an attempt to obtain permission for excavation. The authorities refused, citing environmental risks. The losses of bitcoins in such landfills can reach up to 13 percent of all coins, posing a threat to the cryptocurrency market. The court rulings in Howells' case have drawn attention to the issue of lost digital assets and their impact on the market.
2/10/2025 11:13:01 AM (GMT+1)
A landfill in Wales is closing, where it is allegedly buried a hard drive with 8,000 bitcoins worth $768 million. James Howells continues his fight to recover them after the disk was lost in 2013 💻
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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