đ„ 8,000 Bitcoin Lost: The ÂŁ495M Legal Battle đ„
James Howells, an IT engineer from Newport, is suing Newport City Council for $647 million after losing a hard drive containing 8,000 Bitcoin back in 2013. What was once worth ÂŁ1 million is now valued at nearly half a billion!
Despite offering 10% of the recovered Bitcoin, the council has repeatedly denied his requests, citing environmental risks from the landfill. đ§
In 2022, Howells proposed an $11 million plan using AI and robotics to safely excavate the site, but officials remain skeptical about the project's feasibility.
The case heads to court in December, and it's raising important questions about crypto asset security. Donât let a simple mistake cost you a fortune!
Is this the biggest lost fortune in crypto history? Follow @Professor Mende - Bonuz Ecosystem Founder for more insights!
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