A person from the UK who by chance misplaced his crypto pockets containing a $1 billion stash of Bitcoin (BTC) is launching a brand new bid to tokenize his lacking stash.
In a post on the social media platform X, James Howells – a person who mistakenly threw away his crypto pockets containing the BTC almost a decade in the past – says he’s not giving up regardless of being rejected quite a few instances by the Newport Metropolis Council to launch a search to search out the cash.
“For over 12 years, I attempted all the pieces to interact with Newport Metropolis Council: public proposals, percentages, mediation, authorized motion, and a proper $25 million supply. $1 Billion they usually ignored all of it. No response. No logic. No management. They need me to surrender, however I’m completed asking for permission.”
Howells says he’s going to tokenize your entire lacking pockets, which accommodates 8,000 BTC, by launching a brand new blockchain referred to as Ceiniog Coin (INI) that’s set to launch in late 2025.
“I’m tokenizing your entire pockets – 8,000 BTC – into 800 billion Ceiniog Coin (INI) – 1:1 satoshi worth match.
- • Constructed on Bitcoin
- • Powered by OP_RETURN
- • Integrates with Stacks, Runes, Ordinals
- • Launching Late-2025
To the established and distinguished gatekeepers who blocked me for over a decade: You possibly can block the gates. You possibly can pack the courts. However you can’t block the blockchain. Crypto already received. Ceiniog is coming – and your world is collapsing.”
In line with earlier stories, Howells offered town council $70 million in 2021 for permission to go looking the landfill to get well his laborious drive, however was rejected attributable to environmental considerations.
In February, town council introduced that the landfill was formally closing down someday through the 2025-2026 fiscal 12 months.
BTC is buying and selling for $115,429 at time of writing, a 2% acquire on the day.
Observe us on X, Facebook and Telegram
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Test Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Day by day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in internet online affiliate marketing.
Generated Picture: Midjourney
