Japanese Man's Quest to Recover Lost Bitcoin Fortune from Sunken Hard Drive Ends in Defeat

Wales Man Loses Appeal to Dig Out Hard Drive Holding £676 Million in Bitcoin

A Welsh man has lost his appeal to dig up a backyard in search of a hard drive containing £676 million worth of bitcoin.

The man, who wishes to remain anonymous, was granted permission to excavate his garden in 2019 after claiming that the drive was buried there in 2011. However, the discovery of the drive was never confirmed, and the man was subsequently accused of fabricating the story to avoid paying taxes on the alleged bitcoin windfall.

A judge ruled in 2020 that the man had failed to provide sufficient evidence to support his claims, and the appeal was dismissed. The court also ordered the man to pay £100,000 in costs.

The man's lawyer had argued that the court's decision was "unreasonable" and that the man had a "good faith" belief that the drive was buried in his garden. However, the judge was unmoved, stating that the man had failed to provide any credible evidence to support his claims.

The case has sparked controversy and raised questions about the legitimacy of cryptocurrency investments. The man's alleged bitcoin fortune is equivalent to over £676 million, making it one of the largest known cryptocurrency holdings in the world.

The man's identity remains unknown, as he has chosen to remain anonymous. It is unclear what his next steps will be, but the case is likely to continue to generate interest and debate in the world of cryptocurrency.