#UK court halts treasure hunt plan#
Hot Topic Overview
Overview
A UK court has rejected an IT engineer's application to search a landfill for $735 million worth of Bitcoin. James Howells accidentally discarded a hard drive containing the Bitcoin in 2013 and wanted to search the landfill for it. However, 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, citing potential environmental damage.
Ace Hot Topic Analysis
Analysis
A UK court has dismissed IT engineer James Howells' application to search a landfill for a hard drive containing $735 million worth of Bitcoin, citing excessive environmental risks. Howells accidentally discarded the hard drive containing the Bitcoin in 2013. He attempted to persuade Newport City Council to allow him access to the landfill for excavation, but the council consistently refused, arguing that it would cause irreversible environmental damage. Judge Keyser KC ruled that the case had "no realistic prospect of success at trial" and therefore dismissed Howells' application. The incident has sparked discussions about the security of digital assets and environmental protection, serving as a reminder to exercise extreme caution when handling digital assets to prevent similar losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Finding a Bitcoin hard drive poses environmental risks, and the court believes the case has no realistic chance of success.
Newport City Council refused to enter the landfill to search because it would cause environmental pollution.
James Howells attempted to recover a $735 million Bitcoin hard drive, but the court rejected his application.
The incident occurred in 2013 when Howells mistakenly discarded the hard drive containing the Bitcoin.