British man sues council for $647M over lost Bitcoin in landfill – Cointelegraph
A British man is taking legal action against a council for $647 million over lost Bitcoin that was mistakenly thrown away in a landfill. The man claims that he had stored his Bitcoin in a hard drive, which was accidentally disposed of by the council. The cryptocurrency, valued at over $100 million at the time it was lost, has now skyrocketed in value, leading to the substantial lawsuit. While the council has acknowledged the mistake, they have yet to comment on the lawsuit. The case highlights the importance of securely storing digital assets and the potential risks involved in doing so.