Bitcoin24h $87,035.08-8.20%

Ethereum24h $2,414.80-9.47%

XRP24h $2.21-10.71%

BNB24h $613.18-3.77%

Solana24h $141.29-8.29%

Dogecoin24h $0.2049-9.79%

Cardano24h $0.6618-9.65%

TRON24h $0.2260-8.76%

Chainlink24h $14.83-9.72%

Avalanche24h $21.19-9.32%

Owner of 8K bitcoin lost in landfill threatens to bankrupt local council

James Howells is preparing to sue a UK council for $557M (£446M) in damages and permission to find his bitcoin in a landfill.

UK families face huge tax bills for locked crypto left by dead traders

The UK’s 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.

Scammers used the likeness of UK Money Saving Expert Martin Lewis to legitimize a fake bitcoin investment that led to thousands in loan debt.

Research also showed that 70% of high street banks and 56% of challenger banks don’t carry out necessary ‘know your business’ verification.

The quaint village of Winchmore Hill invested in the crypto Koda, only for it to plummet in price soon after. Entire life savings are gone.