Judge Ends One Man's 11-Year Quest to Recover $765 Million in Bitcoin by Digging Up a Landfill

Quick Summary:

A UK judge ruled against James Howells, who has been trying to get a hard drive with private keys to a cryptocurrency fortune out of a landfill for over a decade.

The judge found no "reasonable grounds for bringing this case," saying it has "no realistic prospect of succeeding if it went to trial and that there is no other compelling reason why it should be disposed of at trial." He granted summary judgment for the defendant, dismissing the claim.

The judge found no reason to determine that the defendant retaining the hard drive is "unconscionable" under the law."In my view there would be no realistic prospect of a finding that the defendant's retention of the Hard Drive was unconscionable.

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Article Details

Author / Journalist: Jon Brodkin, Ars Technica

Category: TechnologyEconomy

Markets: United States

Topics: External_partner Uk Blockchain and cryptocurrency Textaboveleftsmall Ars technica Disable comments Bitcoin Law Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 20:25:06 (1 days ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 1919 words

Reading Time: 11 minutes read

Sentences: 66 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 25123581

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