Man Sues Local Council Over Lost Bitcoin Worth £600 Million
James Howells is pursuing legal action against the Newport council in an attempt to recover a hard drive containing Bitcoin, estimated to be worth around £600 million, reportedly located at a landfill site. The council is seeking to dismiss his claim, arguing they are not obliged to excavate the site. Howell’s proposal to donate part of the Bitcoin to the community has been labeled a ‘bribe’ by the council’s barrister. The case could set a precedent regarding the ownership of property lost at landfills.