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Thursday, September 19, 2024
Thursday September 19, 2024
Thursday September 19, 2024

Dad threatens £1 billion lawsuit against council over lost bitcoin fortune

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James Howells’s battle with Newport city council intensifies as he pursues £275m bitcoin hard drive

In a dramatic legal showdown, James Howells, a father from Newport, is gearing up to sue Newport City Council for a staggering £1 billion over a missing hard drive containing Bitcoin valued at £275 million. The relentless pursuit of his lost fortune has ignited a ten-year battle with the Labour-controlled council, leaving both parties embroiled in a contentious dispute.

Howells’ ordeal began a decade ago when he accidentally discarded the hard drive during an office cleanout, only for it to end up in a landfill site in Newport, Gwent. Despite his relentless efforts to retrieve the hard drive, including offering to share the fortune with the council if recovered, Howells has been met with staunch resistance from the local authority.

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The legal battle has intensified as Howells mobilizes a legal team to demand access to the landfill site for a thorough search operation. Utilizing AI technology and extensive research, Howells believes the hard drive is confined to a specific area within the landfill, spurring hopes of a successful recovery.

Despite the astronomical sum at stake, Howells maintains that his primary goal is not to bankrupt the council but to reclaim his property and secure his financial future. His unwavering determination underscores the complexities surrounding property rights in the digital age and the legal challenges posed by cryptocurrency ownership.

As the legal saga unfolds, all eyes are on Newport City Council and James Howells, with the outcome poised to set a precedent for similar cases worldwide. Will Howells succeed in his quest for justice and reclaim his lost fortune, or will the council’s resistance prevail, leaving the fate of the Bitcoin hard drive in limbo? Only time will tell as the legal battle reaches a fever pitch.

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