Scrapyard management expert: James Howells has almost zero chance of retrieving $669 million worth of Bitcoin hard drives
Internet reports that James Howells, an IT engineer from Newport, accidentally discarded a hard drive worth $669 million in Bitcoin. Although he is trying to legally enter the landfill or directly purchase the site. However, a British scrapyard management expert questioned possible recovery, claiming there was almost zero chance of finding the lost hard drive and recovering $669 million worth of bitcoins. Howells, a computer engineer from Newport, South Wales, believes his ex-wife mistakenly discarded the hard drive containing the Bitcoin wallet in 2013 and took legal action to try to enter a local landfill or claim compensation from the Newport City Government of £ 495 million ($609 million). At a December hearing, the court learned that Howells, an early user of Bitcoin, had mined more than 7500 bitcoins in 2009, when Bitcoin was of low value. However, the judge dismissed the case on January 9, saying that because time had passed for so long, the grounds for filing a lawsuit were insufficient and that "if the case continues, the possibility of success is almost zero." British Commercial Waste said even if Howells managed to get into the scene, his chance of finding a hard drive from the landfill's 1.4 million tons of waste was only one in 902 million.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.