IT engineer from Newport filed a lawsuit against the city council for £495 million after losing a hard drive with 8,000 Bitcoin 💻

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James Howells, an IT engineer from Newport, has filed a lawsuit against the city council for £495 million after accidentally discarding a hard drive containing 8,000 bitcoins. He has been trying to obtain permission to dig at the local landfill, where the drive is presumably located, but the council has repeatedly denied his requests, citing environmental risks.

Howells threw away the drive in 2013, when his bitcoins were worth around £1 million, and now their value is approaching half a billion. Despite offering the city 10% of the recovered bitcoins, the council continues to refuse the excavation.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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