UK IT expert James Howells, after 12 years of failed recovery attempts including a formal offer over £25 million, will tokenize his lost 8000 BTC into 800 billion Ceiniog Coins using Bitcoin network protocols by end-2025.
British IT professional James Howells announced on X, as reported by PANews on August 5th, that after 12 years of unsuccessful recovery efforts with Newport City Council, he will convert his lost 8000 BTC—valued at $1 billion—into 800 billion Ceiniog Coins. The project will employ Bitcoin's OP_RETURN technology and support protocols such as Stacks, Runes, and Ordinals, with a targeted launch by the end of 2025.