Howell said, “As far as I am aware they have already rejected the offer without even having heard our plan of action or without being given a chance to present our mitigations to their concerns regarding the environment, it’s just a straight-up ‘no’ every time.”
A spokesperson for the council told CNBC, “ We have been contacted several times since 2013 about the possibility of retrieving a piece of IT hardware said to contain bitcoins, the first being “several months” after Howells first realized the drive had gone missing. “
“The cost of digging up the landfill, storing and treating the waste could run into millions of pounds – without any guarantee of either finding it or it still being in working order.” He added.
Howells is not the only BTC owner who lost his BTC fortune. Approximately $140 billion worth of Bitcoin is lost or inaccessible to investors due to forgetting private keys and passwords.
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