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Michael Saylor’s MicroStrategy now has more BTC than the United States and China. #HotTrends #MicroStrategу #BOME

Michael Saylor’s MicroStrategy now has more BTC than the United States and China.

#HotTrends #MicroStrategу #BOME

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A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value of the cryptocurrency, the expert said he only wants to be given the chance to find the lost coins. Hedge Fund Investors Support Howells James Howells, a British computer expert whose ex-partner accidentally discarded a drive containing 7,500 bitcoins (BTC), has initiated a legal action to compel Newport City Council to permit him to search a landfill where he believes the cryptocurrency is located. A group of hedge fund investors is reportedly financing Howells’ potentially expensive lawsuit. According to a report in the Daily Mail, the investors stand to receive a portion of the lost BTC if and when Howells successfully recovers them. In addition to financing the lawsuit, which is slated to be filed in the High Court, the hedge fund investors have assembled a team of search specialists and data recovery engineers. As reported by Bitcoin.com News in September 2023, even Howells’ offer of a reward amounting to 25% of the cryptocurrency asset’s value failed to persuade Newport City Council officials. The rejection of his offer was the last straw for Howells, who has been in conflict with the council for a decade. He also cited the council’s refusal to discuss the issue as one reason for his decision to pursue legal action. Computer Expert Declares He Won’t Back Down While the BTC on the hard drive would be valued at just over $525 million at current prices (4:40 p.m. EST, March 25, 2024), Howells is quoted in the Daily Mail as saying the value of the bitcoins will far exceed a billion dollars. He added that his sole wish is to be given an opportunity to recover the lost coins. “Some experts believe that by the end of the year the price will rise to $25,000[0] per coin. That would make my hard drive worth £1.5billion. #bitcoin #bome #pepe
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According to a last-minute development, the details of which are not yet clear, the SEC will demand a fine of $ 2 billion from Ripple (XRP) developer Ripple Labs. Ripple Chief Legal Officer Stuart Alderoty announced the development as follows: “As you will see when the SEC's summary is made public tomorrow, they are asking the judge for $2 billion in fines and sanctions. Our answer will be available next month, but as we have all seen time and time again, this is a regulator that operates on statements that are false, ill-defined and designed to mislead. They stayed true to their form here too. Rather than faithfully enforcing the law, the SEC continues to seek to punish and intimidate Ripple and the industry in general. We believe that the court will approach the solution phase fairly.” However, Ripple CEO Brad Garlinghouse said the following about the development: “The SEC, led by Gensler, has repeatedly acted outside the law, admonished by judges for “gross abuse of the authority entrusted to it by Congress” (DEBT Box case) and for acting “without faithful adherence to the law” (Ripple case). Let's also not forget Gensler's indifference to the FTX scam. The SEC plans to ask the judge for $2 billion in a case that contains no allegations (let alone findings) of fraud or recklessness. There is absolutely no precedent for this. “We will continue to disclose what the SEC is when we respond to this.” Ripple co-founder Chris Larsen said the following about the development: “The balance of the SEC, managed by Gensler, has been disrupted. The fact that the SEC alone considers itself above the law and drags the USA further behind other G20 countries will not and should not go unnoticed in an election year.” *This is not investment advice. #xrp #XRP/USDT🔥🔥:
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