James Howells, an IT engineer in Newport, Wales, discarded a hard drive containing 7,500 bitcoins in 13 years. Howells repeatedly applied to dig into the landfill to find the hard drive, but the Newport City Council rejected his request repeatedly, citing environmental concerns. Howells claims that the city council "basically ignored" his repeated requests to dig up the burial site of the hard drive. He has now filed a lawsuit with the Newport City Council.
James Howells, an IT engineer from Newport who accidentally discarded a hard drive containing 8,000 bitcoins, is suing Newport City Council for 495 million pounds (about $647 million) in damages. Howells made several attempts to retrieve the hard drive from the local landfill, but was thwarted by the city council, which repeatedly denied his request to excavate the site. In 2013, he mistakenly threw away a hard drive containing bitcoin during a home cleanup, which is now worth nearly 500 million...