Lost 8,000 Bitcoins: Legal Battle Over Hard Drive Buried in Welsh Landfill

November 25, 2024
Lost 8,000 Bitcoins: Legal Battle Over Hard Drive Buried in Welsh Landfill
  • The situation has raised awareness about the risks associated with self-custody of digital assets, emphasizing the need for secure storage solutions.

  • The hard drive was thrown away when Bitcoin was valued at less than $1 per token, highlighting the drastic increase in Bitcoin's worth over the years.

  • The case has attracted significant social media attention, with many speculating on the possibility of Howells reclaiming his lost fortune.

  • Howells maintains that he legally owns the digital property on the hard drive and insists he should be allowed to recover it at his own expense.

  • The first court hearing regarding Howells' lawsuit against the council is scheduled for December 3, 2024, where a judge will rule on the case.

  • Howells is currently taking legal action against Newport City Council to recover the hard drive, which he believes is buried under 110,000 tons of waste.

  • He has pledged to privately fund the excavation, offering $11 million for expenses and promising to donate 10% of any recovered funds to the council.

  • Halfina Eddy-Evans accidentally disposed of an old hard drive containing 8,000 bitcoins, worth approximately £569 million, which was mined by her ex-boyfriend James Howells in 2009.

  • In October 2024, Howells filed a $495 million lawsuit against the council, claiming they were preventing him from reclaiming his property.

  • Eddy-Evans expressed her hope that Howells finds the lost fortune to bring closure to the situation, stating she does not want any of the money.

  • Eddy-Evans took the hard drive to a landfill in Wales, mistakenly believing it was simply rubbish that she was asked to discard by Howells.

  • Despite repeated appeals for permission to excavate the landfill, Howells has been denied access due to environmental concerns and logistical challenges.

Summary based on 8 sources


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