- James Howells lost his courtroom battle towards Newport City Council in January
- The choose dominated that there have been “no reasonable grounds” for succeeding at a full trial
- Today, Howells’ Bitcoin could be value round $780 million
A UK landfill site the place a person lost his hard drive containing 8,000 Bitcoin is reportedly set to close within the 2025-26 monetary 12 months.
The site, in Newport, Wales, “has been in exploitation since the early 2000s and is coming to the end of its life, therefore the council is working on a planned closure and capping of the site over the next two years,” stated a council spokesperson.
According to the BBC, a photo voltaic farm will probably be constructed on a part of the site after it obtained planning permission final August.
Lost battle
In January, James Howells lost his court battle towards Newport City Council to recuperate his lost hard drive. In 2013, his former associate mistakenly threw it out in a black bin bag. Judge Keyser KC, the Circuit Commercial Judge for Wales, dismissed Howells’ case. At the time, Keyser said there have been no “reasonable grounds” for succeeding at a full trial.
Over the final 12 years, Howells tried to have interaction with Newport City Council to recuperate his lost hard drive, however was “largely ignored.”
At the time of his loss, his property – that he mined in 2009 – have been value round $1.3 million. Today, they’d be valued at over $780 million.
