Man's £598M Bitcoin Quest: Plans to Buy Landfill Where Lost Fortune Lies
A British IT worker aims to purchase an entire landfill site in Wales where he believes his accidentally discarded hard drive containing 7,500 Bitcoins lies buried. After a decade of failed recovery attempts, James Howells sees a new opportunity as the site plans to close for conversion into a solar farm.
Lost Bitcoin Fortune: $750M Hard Drive to Be Sealed in Welsh Landfill
A British man's desperate quest to recover 7,500 bitcoins worth $750 million from a Welsh landfill faces a final setback as local authorities prepare to permanently seal the site. The council plans to repurpose the area into a solar farm, forever burying what could have been one of the largest individual cryptocurrency fortunes.
UK Government Weighs $6.27B Bitcoin Sale from Seized Criminal Assets
The UK Treasury is contemplating the sale of $6.27 billion worth of seized Bitcoin to address national debt, following Germany's precedent. The cryptocurrency assets, mainly confiscated from money launderer Jian Wen, could provide significant financial relief if liquidated.
Lost Bitcoin Fortune: UK Court Denies Man's £600M Landfill Search Quest
A High Court judge has rejected James Howells' legal bid to search a Newport landfill for a hard drive containing £598M worth of Bitcoin accidentally discarded in 2013. The ruling ends a decade-long battle to recover the digital fortune, with the court finding no reasonable grounds for the claim.
Crypto Platform Pump.fun Faces $1B Lawsuit Over Hidden Fee Allegations
PumpPumpkin sues rival Solana-based platform Pump.fun for $1 billion, alleging concealed fees and improper fund management. The lawsuit comes as Pump.fun reports $90 million in monthly revenue while facing mounting regulatory challenges and controversy.
UK Financial Watchdog Intensifies Crackdown on Illegal Crypto Advertising
The FCA has identified over 1,700 unauthorized cryptocurrency promotions in the UK, successfully removing 54% while targeting influencers and implementing stricter advertising controls. Google's upcoming policy changes will require FCA registration for UK crypto advertisers starting January 2025.
Alleged Bitcoin Creator Craig Wright Receives Suspended Prison Sentence for Court Contempt
Craig Wright, who falsely claimed to be Bitcoin's creator Satoshi Nakamoto, has been handed a one-year suspended prison sentence by a UK High Court for contempt. The ruling follows Wright's unauthorized $1.15 trillion lawsuit against Bitcoin developers, violating previous court orders.
Bitcoin's Self-Proclaimed Creator Craig Wright Faces Suspended Prison Sentence for UK Court Contempt
Craig Wright, who claims to be Bitcoin's creator Satoshi Nakamoto, receives a one-year suspended prison sentence for violating a UK court injunction. The ruling follows overwhelming evidence that Wright fabricated his claims and documentation about being Bitcoin's mysterious founder.
Court Holds Bitcoin Claimant Craig Wright in Contempt, Faces Suspended Prison Term
Australian computer scientist Craig Wright faces a suspended 12-month prison sentence after breaching a UK court order prohibiting bitcoin ownership claims. The ruling follows Wright's unauthorized £900 billion claims regarding bitcoin IP rights, further discrediting his assertion of being Satoshi Nakamoto.
Revolut Launches Advanced Crypto Security System to Combat Digital Asset Fraud
Digital banking leader Revolut unveils comprehensive security upgrades featuring real-time risk scoring and machine learning to protect users from cryptocurrency scams. The new framework analyzes transaction patterns and wallet addresses, setting new standards for safe crypto trading across European markets.