#UK court halts treasure hunt plan#
Hot Topic Overview
Overview
A UK court has halted plans to search a landfill for $750 million worth of Bitcoin. James Howells, an IT engineer who accidentally discarded a hard drive containing $735 million worth of Bitcoin in 2013, had been trying to gain access to the landfill to recover the fortune. However, UK judge Keyser KC dismissed his application, citing environmental risks. Newport City Council had consistently refused access to the landfill, and the judge deemed the case to have "no realistic prospect of success" at trial.
Ace Hot Topic Analysis
Analysis
A UK court has dismissed IT engineer James Howells' application to search a Newport 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 and has been trying to persuade Newport City Council to allow him access to the landfill for excavation. However, the council has consistently refused, arguing that excavation would cause irreversible damage to the environment. Judge Keyser KC ruled that the case had "no realistic prospect of success" at trial and therefore dismissed Howells' application. The incident has raised concerns about digital asset security and environmental protection, serving as a reminder to exercise extreme caution when handling digital assets to avoid similar losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The plan to find the bitcoins poses environmental risks, and the court believes that the plan has no realistic chance of success.
The Newport City Council refused to enter the landfill to search because it would cause environmental pollution and safety risks.
The plan is of great value, with a $735 million bitcoin hard drive accidentally discarded, which has attracted attention.
The plan to find the bitcoins faces legal and technical challenges, and the court believes that the plan is not feasible.