The case revolves around James Howells who seeks to retrieve a hard drive containing 8,000 BTC he accidentally discarded in 2013, now worth over $527 million.
Howells has been largely ignored by the Newport Council despite making multiple requests to excavate the landfill. He is now suing for damages of £495 million.
Howells's proposed excavation would cost $13 million and could take 18 to 36 months, but the council has rejected this plan due to environmental concerns.
Despite the council's reluctance, Howells remains hopeful and has indicated he would allocate 10% of the value to the council, hoping to leverage negotiation.
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