UK Man Sues Council for $647 Million in Damages After Losing Bitcoin in Landfill Site
An IT engineer from Newport, England, James Howells, is suing the city council of Newport, England, for £495 million ($647 million) in damages after accidentally discarding a hard drive containing 8,000 bitcoins into a landfill site, Cointelegraph reported on October 12th.
The man is said to have made several attempts to retrieve the hard drive from a local landfill site, but was met with resistance from the city council, which repeatedly denied his requests to excavate the site.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
