$750m bitcoin recovery stopped

James Howells' long and arduous legal battle to recover a hard drive containing approximately $750 million worth of Bitcoin has officially come to an end

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British High Court judge ruled against Howells, stating that his case had "no reasonable chance of success

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and dismissed his claims against Newport City Council

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which manages the landfill where the hard drive is believed to be buried

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The saga began in 2013 when Howells, a former Bitcoin miner

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accidentally discarded a hard drive containing 8,000 Bitcoins while cleaning out his office

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At that time, the value of the Bitcoins was around $538 million

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but it has since surged to over $750 million due to the rising price of cryptocurrency

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