James Howells, a British IT man who has sought help for 12 years without success, plans to tokenize his 8,000 lost Bitcoins

James Howells, a British IT professional, stated on the X platform: "For twelve years, I have tried every possible means to communicate with Newport City Council, including public proposals, offering profit-sharing ratios, mediation, legal action, and even a formal offer of over £25 million in return – Bitcoin worth $1 billion. However, they have ignored all of these proposals. They want me to give up, but I am no longer seeking permission. Therefore, I will tokenize my entire wallet of 8,000 Bitcoins into 800 billion Ceiniog Coins (INI), with each INI equivalent to one Bitcoin satoshi. This project is based on the Bitcoin network, uses OP_RETURN technology, supports Stacks, Runes, and Ordinals protocols, and is expected to launch by the end of 2025."