{"id":550739,"date":"2023-09-11T16:00:08","date_gmt":"2023-09-11T16:00:08","guid":{"rendered":"https:\/\/uniquehot.com\/?p=550739"},"modified":"2024-06-11T08:05:02","modified_gmt":"2024-06-11T08:05:02","slug":"flashdrive-8000-btc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/flashdrive-8000-btc\/","title":{"rendered":"Remember That Guy That Lost A Flashdrive With 8,000 BTC? Here\u2019s What He\u2019s Up To Now"},"content":{"rendered":"

James Howells, a Welsh Bitcoin investor and <\/span>the man who inadvertently lost $557 million worth of BTC<\/span><\/a> in a flash drive is seeking to file a lawsuit against Newport City Council (NCC) in the United Kingdom for refusing his requests to excavate the area he presumed he misplaced the hard drive.\u00a0<\/span><\/p>\n

Howells Threatens Legal Action Against NCC<\/h2>\n

After <\/span>10 years of searching for the elusive flash drive<\/span><\/a> carrying a fortune of 8,000 BTC, Howells has taken an aggressive approach to his hunt and threatened the NCC with proper legal action that may see the council firmly bankrupt if the court rules in favor of Howells.<\/span><\/p>\n

Related Reading: Shiba Inu Community Sounds Warning Alarm As Scammers Siege Shibarium<\/a><\/div>\n

The NCC is a single-tier unitary authority that oversees the administration of all areas in Newport, one of the principal areas in Wales. Howells has been in contact with the council over the years, requesting permission to undergo a <\/span>landfill excavation<\/span><\/a> in the area that supposedly harbors the flash drive.\u00a0<\/span><\/p>\n

Howells claims that he has raised sufficient funds to propel the excavation work and only needed the council to give the go-ahead. However, the NCC has been adamant about its rejection despite Howells\u2019 funding claims.\u00a0<\/span><\/p>\n

The council has consistently declined Howells\u2019 requests for a landfill excavation, with reasons of environmental concerns and prioritizing working officers’ time who ensure the safety and well-being of Newport residents.\u00a0<\/span><\/p>\n

\u201cIn the current environment, we cannot justify wasting officers\u2019 valuable time providing services to the residents of Newport,\u201d a council spokesperson stated.\u00a0<\/span><\/p>\n

In response<\/a> to the multiple rejections, Howells has stated that he would <\/span>sue<\/span> the council for damages worth $557 million. He has submitted a letter to the council, demanding a concession to perform a landfill excavation on Monday, September 18.\u00a0<\/span><\/p>\n

Following a failure to adhere to the ultimatum, Howells has requested a judicial review to evaluate the legitimacy of the council\u2019s judgment to reject his Bitcoin recovery efforts.<\/span><\/p>\n

\"Bitcoin<\/p>\n

Bitcoin price struggles below $26,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
NCC Can Keep 10% Of Recovered BTC<\/h2>\n
In an attempt to influence the decision of the NCC regarding the landfill excavation work, Howells has promised to deliver 10% of the total Bitcoin funds recovered. He has stated that he will use the funds to transform Newport into a \u201ccrypto-mecha.\u201d\u00a0<\/span><\/p>\n
The Welsh crypto investor also offered to provide 50 Euros to all Newport residents and facilitate the implementation of crypto terminals in local shops.\u00a0<\/span><\/p>\n
Related Reading: Crypto Analyst Presents Bull Case For XRP Price To Hit $130, Here\u2019s When<\/a><\/div>\n
Howells has been vigorously trying to recover his 8,000 BTC since 2013. With <\/span>Bitcoin\u2019s price<\/span><\/a> over 1,000 times the value it was in 2013, the Welsh investor is desperate to locate the flash drive containing his potential fortune.\u00a0<\/span><\/p>\n
He has expressed his frustration and determination with the NCC\u2019s rejections, stating \u201cI\u2019ve tried everything possible for 10 years; they didn\u2019t want to play ball, so now we have to take the legal route.\u201d<\/span><\/p>\n
Featured image from Medium, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
James Howells, a Welsh Bitcoin investor and the man who inadvertently lost $557 million worth of BTC in a flash drive is seeking to file a lawsuit against Newport City Council (NCC) in the United Kingdom for refusing his requests to excavate the area he presumed he misplaced the hard drive.\u00a0 Howells Threatens Legal Action Against NCC After 10 years of searching for the elusive flash drive carrying a fortune of 8,000 BTC, Howells has taken an aggressive approach to his hunt and threatened the NCC with proper legal action that may see the council firmly bankrupt if the court rules in favor of Howells. Related Reading: Shiba Inu Community Sounds Warning Alarm As Scammers Siege Shibarium The NCC is a single-tier unitary authority that oversees the administration of all areas in Newport, one of the principal areas in Wales. Howells has been in contact with the council over the years, requesting permission to undergo a landfill excavation in the area that supposedly harbors the flash drive.\u00a0 Howells claims that he has raised sufficient funds to propel the excavation work and only needed the council to give the go-ahead. However, the NCC has been adamant about its rejection despite Howells\u2019 funding claims.\u00a0 The council has consistently declined Howells\u2019 requests for a landfill excavation, with reasons of environmental concerns and prioritizing working officers’ time who ensure the safety and well-being of Newport residents.\u00a0 \u201cIn the current environment, we cannot justify wasting officers\u2019 valuable time providing services to the residents of Newport,\u201d a council spokesperson stated.\u00a0 In response to the multiple rejections, Howells has stated that he would sue the council for damages worth $557 million. He has submitted a letter to the council, demanding a concession to perform a landfill excavation on Monday, September 18.\u00a0 Following a failure to adhere to the ultimatum, Howells has requested a judicial review to evaluate the legitimacy of the council\u2019s judgment to reject his Bitcoin recovery efforts. Bitcoin price struggles below $26,000 | Source: BTCUSD on Tradingview.com NCC Can Keep 10% Of Recovered BTC In an attempt to influence the decision of the NCC regarding the landfill excavation work, Howells has promised to deliver 10% of the total Bitcoin funds recovered. He has stated that he will use the funds to transform Newport into a \u201ccrypto-mecha.\u201d\u00a0 The Welsh crypto investor also offered to provide 50 Euros to all Newport residents and facilitate the implementation of crypto terminals in local shops.\u00a0 Related Reading: Crypto Analyst Presents Bull Case For XRP Price To Hit $130, Here\u2019s When Howells has been vigorously trying to recover his 8,000 BTC since 2013. With Bitcoin\u2019s price over 1,000 times the value it was in 2013, the Welsh investor is desperate to locate the flash drive containing his potential fortune.\u00a0 He has expressed his frustration and determination with the NCC\u2019s rejections, stating \u201cI\u2019ve tried everything possible for 10 years; they didn\u2019t want to play ball, so now we have to take the legal route.\u201d Featured image from Medium, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":550748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,1119,89185,11779,11706,89349],"class_list":["post-550739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-btc","tag-btc-news","tag-james-howells","tag-lost-bitcoin","tag-lost-btc"],"acf":[],"yoast_head":"\nRemember That Guy That Lost A Flashdrive With 8,000 BTC? 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His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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