From: Nicolas Lamp <nicolas.lamp@queensu.ca>

Sent: Friday 10 January 2025 17:05

To: Robert Stevens; obligations@uwo.ca; ENRICHMENT@LISTS.MCGILL.CA

Subject: RE: Bitcoin and Restitution

 

Here is a New Yorker article from 2021 about the background to the case:

 

Half a Billion in Bitcoin, Lost in the Dump:

https://www.newyorker.com/magazine/2021/12/13/half-a-billion-in-bitcoin-lost-in-the-dump

 

I ve used the case as the basis for an exam question on lost/intentionally abandoned property in my Property class.

______________________

Nicolas Lamp

Associate Professor, Faculty of Law

Queen s University

Kingston, ON

 

613 533 6000 x79118

Macintosh-Corry Hall, Room C519

Nicolas.Lamp@queensu.ca

Faculty Profile SSRN Twitter

QueensLaw_Email_150

 

Queen's University is situated on traditional Anishinaabe and Haudenosaunee Territory.

 

 

 

From: Robert Stevens <robert.stevens@law.ox.ac.uk>
Sent: January 9, 2025 9:09 AM
To: obligations@uwo.ca; ENRICHMENT@LISTS.MCGILL.CA
Subject: Bitcoin and Restitution

 

An amusing case, combining two of the things I am interested in.

 

https://www.bailii.org/ew/cases/EWHC/Ch/2025/22.html

 

The claimant, by mistake, in 2013 deposits a hard drive containing the key to his Bitcoin wallet in a landfill site in Newport. Claims that the Bitcoin now worth in excess of 600m (more than the value of the landfill site. Or, indeed, Newport.)

 

Seeks a declaration that either the council digs up the site to find it, or allows his team of experts to do so.

 

Claim is struck out. Lots of proprietary restitutionary stuff.

 

Rob