The Welshman who accidentally threw out 8,000 Bitcoin in 2013 is mounting an $11 million campaign to get it back

The Welshman who accidentally threw out 8,000 Bitcoin in 2013 is mounting an $11 million campaign to get it back

Aug 01, 2022 by Fortune

Key Facts

  • At the time, it was a mistake that cost him anywhere from $108,000 to $8.6 million depending on when he tossed the drive (2013 was a particularly volatile year for Bitcoin).
  • Howells is petitioning the Newport (Wales) City Council to allow him to dig up the landfill that contains the hard drive.
  • But if he convinces the city to let him conduct the search, he has a pair of venture capitalists ready to put up $11 million to conduct the excavation.
  • In 2014, a pair of documentary filmmakers managed to dig up the long-rumored unsold copies of ET: The Extraterrestrial for the Atari 2600 that were buried in a New Mexico landfill after the company was unable to find buyers for the buggy title.

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