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Twelve years of obsession, millions lost, and a brutal lesson about the fragility of digital wealth. The story of James Howells, the Welsh engineer who unknowingly threw away a hard drive with 8,000 bitcoins (now valued at 742 million euros) in 2013, has come to an end. His battle against bureaucracy, technology, and time culminates in a bitter defeat, symbolizing the inherent risks of cryptocurrencies: where a trivial mistake can bury a fortune.
Howells, a visionary pioneer who accumulated $BTC when it was worth cents, made a catastrophic slip by discarding the device during a routine cleaning. Since then, his life has become a quixotic odyssey: proposals for excavation with drones and AI, profit-sharing offers with the Newport city council, and legal battles. But authorities blocked his efforts, citing environmental risks and the practical impossibility of sifting through 15,000 tons of waste.

Colombian justice has intensified the pursuit of Juan José Benavides, the mastermind behind Daily Cop, the cryptocurrency company accused of defrauding over 150 investors with false promises of 12% monthly returns. A judge in Cali issued an arrest warrant and requested an Interpol Red Notice for his location in any of the 196 member countries, after Benavides left Colombia in 2022, evading charges of money laundering, illicit enrichment, and conspiracy to commit a crime.

Crypto trader James Wynn has made headlines with his audacious $1.25 billion Bitcoin long position on Hyperliquid, using 40x leverage. However, the high-stakes bet took a $29 million hit after former U.S. President Donald Trump’s tariff announcement triggered a market downturn.
Wynn initially opened an $830 million Bitcoin position on May 21, securing $400 million in profits before scaling it up to $1.1 billion. Despite briefly cashing out 540 BTC for a $1.5 million profit, his massive leverage left him vulnerable. When Trump proposed a 50% tariff on EU imports, Bitcoin plunged below $107,000, wiping out gains across crypto markets.
Despite the setback, Wynn remains highly profitable, with over $57 million in lifetime earnings and $46 million in the past month alone. Known as a high-risk leverage trader and memecoin enthusiast, he gained attention for predicting Pepe’s rise at a $600,000 market cap.
With $BTC hovering near $109,000, Wynn’s position remains at risk. His aggressive strategy highlights both the potential rewards and extreme dangers of high-leverage crypto trading. As volatility persists, the market watches to see if his bold bet will pay off—or lead to a dramatic liquidation.
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