Great Britain Bitcoin treasure in the trash? Judge dismisses lawsuit
For years, a man has claimed that his Bitcoin treasure, now worth millions, is buried in a garbage dump - but the Briton is still not allowed to search for it. The High Court, the highest court for England and Wales, rejected an appeal by the man who wanted to fight the city of Newport in court for permission to search. The case has been a concern in the UK for years.
09.01.2025, 19:24
09.01.2025, 19:25
SDA
The man claims to have accidentally thrown away a hard drive containing 8,000 units of the cryptocurrency Bitcoin in 2013. The current value would be around 730 million euros.
His request to the local authority to search the landfill site had been turned down several times. The reasons given by Newport City Council included the high costs, the danger to people and the environment and the fact that the disposal itself meant that the man was no longer the owner.
High Court Judge Andrew Keyser now ruled that too much time had passed between the loss of the hard drive and the lawsuit. Furthermore, the action had no realistic prospect of success in court.
