Lawsuit Planned Against City for Denying Search for 7,500 Missing Bitcoin in Dumpsite

Lawsuit Planned Against City for Denying Search for 7,500 Missing Bitcoin in Dumpsite


James Howells Prepares to Challenge Newport City Council

James Howells is ready to take legal action against the Newport City Council in South Wales after they denied him permission to search for a buried hard drive containing 7,500 bitcoins. Howells’ legal team sent a letter to the council on September 4, demanding access to the landfill by September 18. He is determined to pursue a judicial review of the council’s decision. Howells believes it is absurd that the council refuses to discuss the matter, regardless of whether it involves Bitcoin (BTC) or any other valuable item. He previously offered the council 25% of the bitcoin’s value to allow him to search for the hard drive, but they rejected the proposal.

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The Likelihood of Recovering the Hard Drive

Although while the chances of recovering a hard drive that has been in a landfill for a decade are slim, it is not entirely impossible. If the hard drive was protected or sealed when discarded and was situated in an area with minimal moisture and chemical seepage, it may have remained somewhat preserved. State-of-the-art data recovery labs now have advanced techniques and equipment that could potentially extract the data even if the hardware components have degraded. Specialists could carefully replace or repair damaged components to improve the chances of successful data retrieval. Despite the fact that the odds are against it, the ideal conditions and expertise could align to make recovery possible.

Hot Take

James Howells is taking legal action against the Newport City Council in his quest to recover his lost bitcoins. Regardless of the council’s refusal to provides him permission to search for the buried hard drive, Howells is determined to pursue a judicial review. He finds it unreasonable that the council refuses to even discuss the matter. Although while the chances of recovering the hard drive after a decade in the landfill are slim, there is still a possibility. Advanced data recovery techniques and equipment, along with careful component replacement or repair, could expand the prospects of successfully retrieving the data. Howells’ commitment, along with external investor support, demonstrates the importance of property rights in the cryptocurrency world.

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Author – Contributor at | Website

Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.

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