James Howells, a computer engineer from Newport, is trying to reclaim £620 million worth of lost Bitcoin that he believes is buried in a landfill site. In 2013, he lost a hard drive containing 8,000 bitcoins when his ex-girlfriend mistakenly threw it away. Howells previously attempted to sue the Newport council for access to the landfill but was denied by a judge. The council plans to close the tip by 2025-2026 and is considering a solar farm on the site. Despite the ruling against him, Howells is looking into appealing the decision and is open to buying the landfill to search for his valuable hard drive.
James Howells, a computer engineer from Newport, Wales, is once again in the spotlight as he seeks to recover a staggering £620 million worth of Bitcoin he believes is buried in a local landfill. Howells claims that in 2013, a hard drive containing 8,000 bitcoins was mistakenly thrown away by his ex-girlfriend. This unfortunate incident has led him on a long journey of legal battles and public interest as he tries to gain access to the landfill site on Newport’s Docks Way.
Previously, Howells attempted to sue Newport City Council for access to the landfill or compensation of £495 million. However, his case was dismissed by a judge, who cited a lack of realistic prospects for success. The judge’s decision noted that too much time had passed since the hard drive was lost.
Recently, the council announced plans to close the landfill in the financial year 2025-26, shocking Howells. He expressed disbelief, especially since the council had claimed that allowing him to search the site would negatively impact the community. The tipping point for Howells is that he is contemplating purchasing the landfill site, where over 1.4 million tonnes of waste are piled up, including the estimated 100,000 tonnes where he believes his hard drive is located.
Howells is also planning to appeal the judge’s ruling, as he feels strongly about recovering his lost assets. With Bitcoin’s value continually fluctuating, this case draws significant attention and raises questions about digital currencies and individual rights.
What is Bitcoin? Simply put, Bitcoin is a type of cryptocurrency, which is a digital form of money. Unlike traditional currencies, there are no physical coins or notes. Bitcoin can be used for purchases, but very few retailers accept it. The landscape surrounding Bitcoin remains complex, with various regulations worldwide limiting its use.
As James Howells pursues his quest for lost riches, his story continues to captivate and spark conversation about the future of cryptocurrency.
Tags: James Howells, Bitcoin, Newport City Council, cryptocurrency, landfill recovery.
What happened to the £620m fortune?
A man from Newport lost a huge fortune of £620 million, but the exact details of how this happened are not very clear. He may have made risky investments or faced unexpected financial issues.
Why does he want to buy a tip?
He wants to buy a tip because he is looking for a way to recover his lost fortune. He believes that good advice could help him make better investment choices and increase his chances of getting his money back.
Is it legal to buy financial tips?
Yes, it is legal to seek financial advice. However, it’s important to ensure that the advice comes from a credible and licensed financial advisor to avoid scams.
How can he find reliable financial advice?
To find reliable advice, he can look for accredited financial advisors, check online reviews, or ask for recommendations from friends or family. Meeting in person or having a phone call can also help him gauge the advisor’s trustworthiness.
What should he do before investing again?
Before investing again, he should take time to learn about different investment options. It’s wise to create a solid financial plan and maybe even consult with multiple experts to ensure he makes informed decisions.
