James Howells lost his legal bid to recover 8,000 Bitcoin discarded in 2013, now valued at 770 million USD. The UK court emphasized the HIGH costs and environmental implications of digging up the landfill as MAJOR reasons for dismissal. Judge Keyser concluded there was no realistic prospect of success at trial.
Howells tried funding the excavation, promising to share 25% of retrieved Bitcoin with the Newport City Council. However, his requests were denied due to ecological concerns and expenses. Despite these efforts, the court maintained that pursuing the case further would not likely lead to a successful outcome.