Ireland Unlocks 500 BTC From Seized Drug Case Wallet

• 500 BTC worth around $35 million moved on March 24 as Irish authorities unlocked a long-dormant wallet.
• The wallet is part of a 6,000 BTC stash seized in 2019 but long locked without keys.
• This is the first successful access, with 5,500 BTC still frozen but now likely recoverable.

Irish authorities have moved 500 BTC worth roughly $35 million after unlocking a wallet tied to convicted Dublin cannabis grower Clifton Collins.

The transfer took place on March 24 and marked the first movement from a group of wallets that had remained untouched since 2016.

The funds were sent to Coinbase Prime as part of a controlled law enforcement operation. This was not a market-driven transfer but a seizure.

First Wallet Accessed After Years of Deadlock

Ireland’s Criminal Assets Bureau (CAB), working with Europol, gained access to one of 12 wallets that together hold 6,00…

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