๐ธ $1 Billion Worth of Bitcoin Buried in a Landfill?! ๐๏ธ๐
$BTC
A bizarre legal battle is unfolding in the UK!
In 2013, James Howells accidentally threw away a hard drive containing $1 billion (ยฃ600M) worth of Bitcoin. ๐ฑ
๐ฅ The twist? Howells wants to dig up the landfill to retrieve it, but the local council claims ownership of the landfill and has blocked his efforts.
Howells has filed a lawsuit demanding either permission to search the site or ยฃ495M ($620M) in compensation. The council argues that they're simply following the law and have no obligation to allow the search.
๐ก Highlights:
Howells offered to donate 10% of the recovered Bitcoin to the community, but the council called it "a bribe."
His team insists itโs not like "finding a needle in a haystack" and that they have an expert-backed plan for the search.
The court has yet to decide. Will $1 billion worth of Bitcoin ever see the light of day again? ๐
๐ Whatโs your take?
Should the search be allowed?
Or is this Howells' problem to bear?
#news2024 #bitcoinโ๏ธ #Bitcoinโ