#UK court halts treasure hunt plan#

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A UK court has rejected an IT engineer's application to search a landfill for a hard drive containing $735 million worth of Bitcoin. James Howells accidentally discarded the hard drive containing the Bitcoin in 2013 and has been trying to persuade Newport City Council to allow him access to the landfill. However, the judge ruled that the plan posed significant environmental risks and had "no realistic prospect of success" at trial, thus rejecting the application.

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A UK court has rejected IT engineer James Howells' application to search a Newport landfill for a hard drive containing $735 million worth of Bitcoin. Howells accidentally discarded the hard drive containing the Bitcoin in 2013 and has been trying to persuade Newport City Council to allow him access to the landfill to excavate. However, Judge Keyser KC ruled that the plan posed significant environmental risks and had "no realistic prospect of success" at trial. The judge noted that even if Howells found the hard drive, there was no guarantee it would still be functional, and the excavation process would cause irreversible damage to the environment. Newport City Council has consistently refused Howells' requests, citing safety concerns for local residents and the potential disruption to the landfill's stability. Although Howells offered to cover all excavation costs and implement necessary safety measures, the court ultimately sided with environmental protection and public safety, denying his application.

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Finding Bitcoin hard drives poses a significant environmental risk, potentially damaging landfills, leading the court to dismiss the application.

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The case was deemed to have "no realistic chance of success" in court due to the exorbitant cost and difficulty of retrieving the hard drives, coupled with a very low success rate.

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Newport City Council has consistently refused access to the landfill, rendering the Bitcoin hard drive retrieval plan unfeasible.

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Despite the estimated value of the Bitcoin hard drives at $735 million, the cost of retrieval and the associated environmental risks outweigh the potential benefits.

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