Judge Dismisses £600M Bitcoin Recovery Lawsuit from Newport Landfill - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
Contact Phone:
Politics

Judge Dismisses £600M Bitcoin Recovery Lawsuit from Newport Landfill

share-iconThursday, January 09 comment-icon1 week ago 21 views
News sources:
bbcBBC
Judge Dismisses £600M Bitcoin Recovery Lawsuit from Newport Landfill

Credited from: BBC

  • A High Court judge has rejected James Howells' lawsuit against Newport council, seeking to recover a Bitcoin hard drive valued at approximately £598m.
  • Howells claimed that his former partner inadvertently disposed of the hard drive in 2013, containing a Bitcoin wallet he had successfully mined.
  • The court found no reasonable grounds for the legal action, stating there was no realistic chance of success at trial.
  • Newport council argued that current laws made the hard drive their property once it entered the landfill.
  • Howells had offered to share 10% of the recovered Bitcoin with the local community but faced legal and environmental regulations hindering excavation efforts.

For the full article, visit: BBC News

SHARE THIS ARTICLE:

TAGS:

Bitcoin Council lawsuit Cryptocurrency Newport Hard drive recovery
author-dp

Author:

Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

nav-post-picture
date-iconJanuary 09, 2025 Spanish Company Acquires Christian Lacroix Brand
date-iconJanuary 09, 2025 Biden administration reveals final military aid package for Ukraine ahead of office transition
nav-post-picture
Related Posts
main-post-image
POLITICS
Trump Grants Pardon to Silk Road Founder Ross Ulbricht in Controversial Move
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump's Meme Coin Launch Raises Concerns in Crypto Community
date-iconJan 22, 2025
main-post-image
ECONOMY
Donald Trump's Meme Coin Surges Over $10 Billion Market Value on Inauguration Day
date-iconJan 21, 2025
main-post-image
ECONOMY
Markets React Positively as Trump Begins Second Term with Pro-Business Expectations
date-iconJan 21, 2025
main-post-image
WORLD NEWS
Bitcoin Soars Over $109,000 Ahead of Trump's Inauguration Promising Crypto Reforms
date-iconJan 20, 2025
main-post-image
POLITICS
Daily Muhurat Update for January 19, 2025: Tithi, Festivals, Auspicious Yogas, and Rahu Kaal for Los Angeles and New York City
date-iconJan 20, 2025

Stay Connected

main-post-image
World News
Strengthening Ties: China and Japan Embrace Dialogue to Enhance Relations
date-icon January 15, 2025
main-post-image
World News
Fifth Circuit Court Declares DACA Unlawful, Impacting Hundreds of Thousands of Dreamers
date-icon January 18, 2025
main-post-image
Politics
Criticism Mounts Over Biden’s Last-Minute Family Pardons as Trump Calls Them "Guilty"
date-icon January 21, 2025
main-post-image
World News
Neighbor Accused of Waging 'War' on TikTok Photo Booth Owners in NYC, Allegedly Throws Urine and Feces
date-icon January 19, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD