James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune

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.