A man’s decade-long battle to recover his £600m bitcoin fortune (nearly $750M) has been halted by a judge.
James Howells, 39, launched a legal case after he lost his Bitcoin hard drive in a landfill in 2013 in Newport, Wales, the BBC reported.
Since his misfortune, Howells has offered to fully fund the excavation process and share 25% of the recovered Bitcoin with the Newport City Council.
However, the city denied his request, beginning a decade-long saga in an attempt to retrieve his lost cryptocurrency.
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On Thursday, the outlet reported, Circuit Commercial Judge for Wales Judge Keyser dismissed Howells’ lawsuit seeking permission to excavate.
In his ruling, Keyser stated that Howells had “no reasonable grounds” for bringing the claim and that there was “no realistic prospect” of success if the case proceeded to a full trial.
“I consider that the particulars of the claim do not show any reasonable grounds for bringing this case. I …