Bitcoin Battle Lost: $676M Hard Drive

UK Court Denies Excavation Request for Lost Bitcoin Hard Drive

• The UK Court of Appeals rejected James Howells’ request to excavate a landfill.
• Howells’ lost hard drive contains keys to 8,000 Bitcoin, valued at $676 million.
• The Bitcoin was mined in 2009 and lost in 2013 when the hard drive was discarded.
• Bitcoin’s value has increased over 7,000% since its peak price in 2013.
• Howells plans to take his case to the European Courts of Human Rights.

The UK Court of Appeals denied James Howells’ appeal to search a landfill for his hard drive containing keys to $676 million worth of Bitcoin. Despite the ruling, Howells intends to pursue the matter further in European courts.