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Benzinga
Benzinga
Business
Eric McConnell

Movie Studio Secures Rights To Tell Tale Of Crypto Investor Who Accidentally Threw Away Digital Keys To His $725 Million Fortune

Concept,Of,Virtual,Money,Mining,On,Hard,Drive,Farm.,Hard

British cryptocurrency investor James Howells became infamous for accidentally throwing the hard drive containing the passkeys to his $725 million fortune in the trash. The passkeys ended up in a landfill and a movie studio recently secured the right to film a documentary about Howells' quest to recover his fortune.

Cryptocurrency is no different from any other investment in the sense that the earlier you buy in, the more upside there is. Howells had the presence of mind to buy Bitcoin when cryptocurrency was in its infancy, and still relatively affordable. In May, Howells told the BBC he had amassed 8,000 Bitcoins by 2013, and they were trading at around $950 each by year's end. At that point, his crypto fortune was worth roughly $7.6 million.

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