James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune
Main Idea
James Howells is launching Ceiniog Coin (INI) to tokenize his lost 8,000 Bitcoins after years of unsuccessful attempts to recover them, shifting his focus to blockchain solutions.
Key Points
1. James Howells mistakenly discarded a hard drive containing approximately 8,000 Bitcoins, now worth around $1 billion, over 12 years ago.
2. Despite multiple attempts, including a $70 million offer in 2021, he has been unable to recover the lost Bitcoins due to rejections and legal obstacles.
3. Howells plans to launch Ceiniog Coin (INI) by the end of 2025, tokenizing the lost Bitcoins into 800 billion INI coins, each paired with the satoshi value of the original BTC.
4. The project will be built on Bitcoin infrastructure using OP_RETURN technology and aims to integrate with platforms like Stacks and Runes.
5. Howells has shifted his focus from landfill recovery to blockchain solutions, stating that legal and mediation routes have been consistently blocked.
Description
James Howells attempts a blockchain project to recover lost Bitcoin. The environmental concerns blocked physical search permissions multiple times. Continue Reading: James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune The post James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune appeared first on COINTURK NEWS .
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