#UK court halts treasure hunt plan#
Hot Topic Overview
Overview
A UK court has rejected IT engineer James Howells' application to search a 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 retrieve it from the landfill ever since. However, UK judge Keyser KC ruled that the plan posed environmental risks and had "no realistic prospect of success" at trial, thus rejecting the application. Newport City Council has consistently refused access to the landfill, arguing that Howells' plan is unrealistic.
Ace Hot Topic Analysis
Analysis
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 attempted to retrieve it by excavating the landfill. However, Judge Keyser KC ruled that excavating the landfill would pose significant environmental risks and that the case had "no realistic prospect of success" at trial. Newport City Council has consistently refused access to the landfill, stating that the excavation would cause irreversible damage to the environment. Howells' plan has been halted, and he has lost the opportunity to recover the $735 million worth of Bitcoin.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Finding a Bitcoin hard drive poses environmental risks, the court believes the case has no realistic chance of success.
Newport City Council refused to excavate the landfill, the court upheld the council's decision.
James Howells attempted to recover a $735 million Bitcoin hard drive, but the court dismissed his application.
The incident occurred in 2013 when Howells accidentally discarded the hard drive containing the Bitcoin.