A British man sued the government as the 8,000BTC hard drive was lost in a garbage dump and could not be recovered
UK government hit with largest-ever compensation: 647 million magnesium. WalesOnline reported that James Howells, a man from Newport, England and an IT engineer, mistakenly threw away a hard drive containing 8,000 Bitcoins as rubbish due to a misunderstanding in 2013. At the time, the Bitcoins were worth less than 1 million pounds. It is now worth over £500 million.Since then, James Howells has been trying to recover the hard drive from a landfill owned by Newport City Council, but the council has repeatedly refused his requests to excavate the landfill, highlighting the limitations of its environmental permit.For this reason, James Howells has sued Newport City Council, claiming 495,314,800 pounds in Bitcoin losses, and proposed that he can dig up the...