British IT Engineer Sues Council Over Lost 8,000 Bitcoin

James Howells, an IT engineer from Newport, UK, is suing Newport City Council for 495 million British pounds (approximately $647 million) after accidentally discarding a hard drive containing 8,000 Bitcoin. According to WalesOnline, Howells has repeatedly sought permission from the council to retrieve the hard drive from a local landfill but has faced consistent rejection. The drive, which was mistakenly thrown out during a household clearout in 2013, now holds Bitcoin valued at nearly half a billion pounds. Howells has been trying to recover the lost hard drive for over a decade. The hard drive ended up in a landfill

Source: CryptoIntelligence