Accidentally discarded "worth $24.4 billion" Bitcoin! He wants to excavate a landfill to find the hard drive, but is rejected and demands exorbitant compensation

A British engineer claims that he owned 8,000 Bitcoins 11 years ago, stored on a hard drive, but was mistakenly thrown away as trash, which could now be worth over $749 million. For years, he has repeatedly applied to authorities to excavate the landfill but has been denied multiple times, and now he is willing to take legal action and seek exorbitant compensation.

39-year-old systems engineer Howell said that after experiencing the 2008 financial crisis, he decided to enter the world of cryptocurrency and earned 8,000 Bitcoins through mining, all stored on a private key on his computer hard drive. In 2013, while updating his computer, he placed the hard drive in a plastic bag and temporarily stored it in a drawer, but it was mistakenly thrown away by his then-partner, who thought it was trash.

Howell has been eager to retrieve the hard drive, applying multiple times to the Newport City Council to excavate the landfill, even proposing to donate 25% of the hard drive's value to community projects, but has been rejected about 10 times. Now, he has decided to lower the donation amount to 10% of the hard drive's value, and if the authorities still refuse, he intends to file a lawsuit seeking £500 million in compensation.

Howell told Fortune in an interview, "This issue will never go away; it will always be a treasure hunt, and the value of the treasure will only increase over time and will never stop."

A spokesperson for the Newport City Council confirmed that Howell has made multiple requests to retrieve the hard drive from the landfill since 2013, and the council has repeatedly informed him that it is "impossible," as "this nature of work would have a huge negative environmental impact on the surrounding area." Regarding the lawsuit, he stated, "Mr. Howell's claim is baseless, and the council is actively preparing to defend itself vigorously."

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