55.2 F
London
October 9, 2024
PI Global Investments
Bitcoin

Man who accidentally binned £275m Bitcoin hard drive wants to sue council for £1billion


A man who accidentally binned a computer hard drive containing Bitcoin worth £275m is set to sue his local council. James Howells has been battling the local authority for permission to carry out a dig at the rubbish dump in Newport, Gwent.

During an office spring clean 10 years ago, the 38-year-old had put the storage device into a black bin bag. But his now ex partner accidentally took it to the recycling centre where it has been buried under mountains of rubbish.




Since then, the dad has been asking Newport City Council to allow him to get his property back. He has now hired a legal team and plans to lodge a claim worth £1bn which he believes would bankrupt the council, the Mirror reports.

He said: “It’s a bit like if you’re neighbours and you kick your football over next door’s fence – they have to reasonably give back your property.

“They can’t instead build a brick wall over your property, which is effectively what Newport City Council has done by continuing to pile waste on it.”

Join the Daily Record’s WhatsApp community here and get the latest news sent straight to your messages.

The computer expert previously offered to share the Bitcoin fortune with the council if they managed to find the device. But he believes bosses are “too stubborn” to budge.

Now he wants to lodge a judicial review with the high court asking for an injunction to stop anyone else from digging at the site. He added: “We have tried to be friendly and get the council to the table to speak to us for 10 years but they are just too stubborn.



Source link

Related posts

Michael Saylor Breaks Silence on Key Flaw of Bitcoin

D.William

Bitcoin Falls After Mt. Gox Wallets Move $9 Billion Worth of BTC

D.William

7 Reasons Why Bitcoin Price Can Hit $100,000 In 2025

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.