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Ireland Seizes 500 BTC From Dormant Wallet in Europol-Assisted Breakthrough

The move signals a path to unlock thousands more coins tied to a 2019 seizure.

Overview

  • The Criminal Assets Bureau, which accessed a long-dormant wallet on Tuesday, March 24, moved about 500 Bitcoin to Coinbase Prime.
  • The wallet is linked to Clifton Collins, a convicted cannabis cultivator who split about 6,000 BTC across 12 wallets more than a decade ago.
  • He recorded the private keys on paper hidden in a fishing-rod case that went missing after his 2017 arrest, which left a 2020 court-ordered confiscation stalled.
  • Europol’s cybercrime unit supplied technical expertise and decryption resources, and authorities have not said how they gained access.
  • Investigators say the same approach could unlock the remaining 11 wallets holding roughly 5,500 BTC, and Arkham Intelligence traced the latest movement after nearly ten years of inactivity.