{"id":550739,"date":"2023-09-11T16:00:08","date_gmt":"2023-09-11T16:00:08","guid":{"rendered":"https:\/\/wncen.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:\/\/wncen.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":"<p><span style=\"font-weight: 400\">James Howells, a Welsh Bitcoin investor and <\/span><a href=\"https:\/\/bitcoinist.com\/hedge-fund-backs-man-who-dumped-hard-drive-containing-381m-btc-to-recover-hard-drive\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">the man who inadvertently lost $557 million worth of BTC<\/span><\/a><span style=\"font-weight: 400\"> 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<h2>Howells Threatens Legal Action Against NCC<\/h2>\n<p><span style=\"font-weight: 400\">After <\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/james-howells-considers\/\"><span style=\"font-weight: 400\">10 years of searching for the elusive flash drive<\/span><\/a><span style=\"font-weight: 400\"> 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<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-scammers-shibarium\/\">Shiba Inu Community Sounds Warning Alarm As Scammers Siege Shibarium<\/a><\/div>\n<p><span style=\"font-weight: 400\">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><a href=\"https:\/\/wncen.com\/news\/bitcoin\/james-howells-considers\/\"><span style=\"font-weight: 400\">landfill excavation<\/span><\/a><span style=\"font-weight: 400\"> in the area that supposedly harbors the flash drive.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">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<p><span style=\"font-weight: 400\">The council has consistently declined Howells\u2019 requests for a landfill excavation, with reasons of environmental concerns and prioritizing working officers&#8217; time who ensure the safety and well-being of Newport residents.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\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<p><span style=\"font-weight: 400\">In <a href=\"https:\/\/www.telegraph.co.uk\/money\/consumer-affairs\/bitcoin-investor-who-lost-164m-in-landfill-to-sue-his-local\/\" rel=\"nofollow\">response<\/a> to the multiple rejections, Howells has stated that he would <\/span><span style=\"font-weight: 400\">sue<\/span><span style=\"font-weight: 400\"> 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<p><span style=\"font-weight: 400\">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<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/uYx4R4S1\/\" alt=\"Bitcoin price chart from Tradingview.com (8,000 BTC)\" width=\"2884\" height=\"1746\"><\/p>\n<pre style=\"text-align: center\">Bitcoin price struggles below $26,000 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">BTCUSD on Tradingview.com<\/a><\/pre>\n<h2>NCC Can Keep 10% Of Recovered BTC<\/h2>\n<p><span style=\"font-weight: 400\">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<p><span style=\"font-weight: 400\">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<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-130\/\">Crypto Analyst Presents Bull Case For XRP Price To Hit $130, Here\u2019s When<\/a><\/div>\n<p><span style=\"font-weight: 400\">Howells has been vigorously trying to recover his 8,000 BTC since 2013. With <\/span><a href=\"https:\/\/bitcoinist.com\/by-the-numbers-how-volume-bitcoin-settled-lifetime\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bitcoin\u2019s price<\/span><\/a><span style=\"font-weight: 400\"> 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<p><span style=\"font-weight: 400\">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<div class=\"disclaimer-shortcode\">Featured image from Medium, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217; 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":"\n<title>Remember That Guy That Lost A Flashdrive With 8,000 BTC? 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. 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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