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    Home » Man who lost £600m Bitcoin fortune considers buying landfill site to search for it | UK News
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    Man who lost £600m Bitcoin fortune considers buying landfill site to search for it | UK News

    morshediBy morshediFebruary 11, 2025No Comments2 Mins Read
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    Man who lost £600m Bitcoin fortune considers buying landfill site to search for it | UK News
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    A person who believes he by accident misplaced a Bitcoin fortune in a council garbage tip is exploring the potential for shopping for the landfill website earlier than it’s shut.

    James Howells, from Newport in South Wales, claimed his ex-girlfriend mistakenly threw out a tough drive containing 1000’s of Bitcoins in 2013.

    In accordance with the 39-year-old IT employee, they’re price greater than £600m and he has been making an attempt to recuperate them ever since.

    Now he’s contemplating shopping for the location so he can hunt for the lacking fortune himself, a number of shops reported on Monday.

    Newport Metropolis Council is planning to shut and cap the location within the 2025-26 monetary yr, which might nearly definitely spell the tip of any lingering hopes of recovering them.

    Mr Howells stated in extensively reported feedback on Monday it had been “fairly a shock” to listen to of the council’s closure plan.

    Final month a choose dismissed a authorized case he dropped at drive the council to permit him to go looking the landfill website, or award him £495m in compensation.

    He stated the council had claimed in court docket that closing the landfill to permit him to go looking “would have an enormous detrimental impression on the folks of Newport, while on the identical time they have been planning to shut the landfill anyway.

    “I anticipated it will be closed within the coming years as a result of it is 80-90% full – however did not count on its closure so quickly.

    “If Newport Metropolis Council can be prepared, I might doubtlessly be fascinated by buying the landfill website ‘as is’ and have mentioned this feature with funding companions and it’s one thing that may be very a lot on the desk.”

    Learn extra on Sky Information:
    Who benefits from Trump’s latest tariffs?
    Police stop Ed Sheeran busking
    Monkey ’caused nationwide power outage’

    Decide Keyser KC stated Mr Howells’ declare had “no real looking prospect of succeeding” if he allowed it to go to trial, The Guardian reported

    Newport Metropolis Council has been contacted for remark.



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