Investor who lost 8k bitcoins in dump sues local council
An investor lost over 8,000 BTC after his hard drive was scrapped. Now, he will sue the UK council because he was not allowed to dig it up. According to The Telegraph, former engineer James Howells lost 8,000 bitcoin s (BTC) — over $205 million under the current rate — when he accidentally threw away his hard drive while cleaning his office. Howells has been trying to recover assets for the last ten years. He asked local authorities for access to the dump to find the hard drive but constantly received refusals. As a result, Howells has lodged a formal complaint demanding the council be given access to the dump and begin a search operation by Sept. 18. He also demanded compensation of £446 million ($558 million). “There’s $500 million sitting in the ground and they won’t even have a serious conversation about it. It doesn’t matter what that item is, whether it is Bitcoin, gold, diamonds, to not even have the conversation is idiotic.” James Howells, former computer engineer ...