A British judge says there is no reasonable reason for a success in the case of a Bitcoin landfill hard drive

• When Howells heard the judge's decision, he said: "It is the great British judicial system that strikes again."
• Howells lost his hard drive in 2013 when she was accidentally thrown away at the landfill
• He has been trying to contact the Newport City Council for 12 years to restore his hard drive, but says that he has been "largely ignored".

James Howells has lost its process to salvage a lost Bitcoin hard drive from a Welsh waste landfill, which now has a value of around $ 740 million.

Howells accidentally threw away his hard drive with 8,000 Bitcoin in 2013. At that point he had two hard drives of the same size: one was empty while the other contained his Bitcoin.

He incorrectly put the with the Bitcoins in a black garbage bag that his then girlfriend brought to the dump. At the time of his loss, his assets-which he had grown in 2009-was around $ 1.3 million.

in October Howells sued the Newport City Council for damages in the amount of $ 646 million, after he had been refused to access the landfill for environmental reasons.

Now judge Keyser KC, the commercial judge for Wales, rejected the Howell's case on the grounds that there are no "reasonable reasons" to be successful in a complete procedure, reports the bbc .

a 12-year-old fight

When Howells heard the decision, he said that he was "very angry" and added: "It is the great British judicial system that strikes again."

Howells said he had tried to work with the city council of Newport in the past 12 years to restore his lost hard drive, but was "largely ignored".

In a court file it says that the Howell hard drive is located in cell 2, area 2 of the Docksway landfill. However, despite the promises to remove the site in Newport safely and modernized the landfill, the Rat Howells' rejected applications for excavations from "environmental concerns".

The lawyers from Howells claim that the council "simply ignored" that 10 % of Bitcoin could "bring a huge and urgently needed investment in the local community".

The judge's decision is made when Bitcoin exceeded the $ 100,000 mark for the first time in early December and reached an all-time high of over $ 108,000.