The post UK Man Tokenizes Lost 8,000 Bitcoin After Landfill Fight appeared on BitcoinEthereumNews.com.

A UK man has lost 8,000 Bitcoin, worth 600M, in a landfill.
Blockchain goes against the court; the Value of lost Bitcoin is re-imagined.
A man in the UK, whose 8,000 bitcoins were buried in a landfill, does not give up. More than 12 years ago, James Howells asked Newport City Council permission to excavate a hard drive containing his Bitcoin keys, worth more than £600 million today. Source – X  With many proposals and a formal offer of 25 million pounds, the council gave him a black no, no reasoning, no leadership, as Howells said in the social network X. From Legal Battles to Blockchain Defiance Having taken every step within the law, playing out public offers, mediation, and even a formal offer of more than 25M, Howells proclaimed he would no longer seek acceptance. Rather, he declared that he would turn the whole stolen Bitcoin wallet into tokens.  Source – X The 8,000 BTC will be tokenized by 800 billion Ceiniog Coin (INI) tokens, which are each pegged 1:1 with satoshis. The tokens will be based on the Bitcoin technology itself and will use OP_RETURN and integrate with such frameworks as Stacks, Runes, and Ordinals. The launch is slated for late 2025 (source: X). Source – X Howells took a direct approach to the established and distinguished gatekeepers who had thwarted his pursuit for more than 10 years. “You can block the gates. You can pack the courts. However, you cannot block the blockchain, he added, and it is irreversible, and the success of crypto technology over the conventional barriers. A Decade of Obstacles It was in 2013 when the carelessly discarded and forgotten hard disk ended up in a Newport landfill. Howells’ ex-partner reportedly took the trash to the landfill.  Howells struggled to get…

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Filed under: News - @ August 6, 2025 2:18 am