Man Sues Town for $647 Million Over Trashed Bitcoin Hard Drive
Man Sues Town for $647 Million Over Trashed Bitcoin Hard Drive
The Bitcoin landfill lawsuit is only the latest in a tragic, decades-long story about a guy accidentally throwing out 8,000 BTC.
A man from the UK named James Howells is suing his local council to try to recover a hard drive containing 8,000 BTC, currently valued around $647 million. And that’s precisely how much he’s suing them for—since he’s blaming them for his not having it.
Back in 2013, Howells’ then-partner mistakenly tossed out the hard drive along with a bunch of other garbage. At the time, Bitcoin was already worth a little bit less than £1 million—and the value of those coins has risen quite a bit in the years since.
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Easy solution: Town should say yes, but charge $650 million.
They should pull a TicketMaster: $30k for staffing and a $649,970,000 "facility fee".
Ha, exactly, and require cash upfront.