Irish drug lord’s lost Bitcoin fortune comes back to life as $41 million moves to Coinbase

Irish drug lord’s lost Bitcoin fortune comes back to life as $41 million moves to Coinbase

Summary

A wallet linked to convicted Irish drug dealer Clifton Collins transferred 500 BTC, worth about $41.5 million, to an address identified as a Coinbase Prime deposit after nearly 11 years without activity. It is the fifth 500-BTC movement from Collins-linked wallets this year, bringing transfers to 2,500 BTC; about 3,500 BTC remain in associated wallets. Irish authorities have confirmed recovering or seizing 1,500 BTC, but have not publicly confirmed responsibility for the latest transfer or whether the funds will be sold. Arkham considers law enforcement the likeliest source of the repeated transfers, though blockchain records alone do not establish who authorized them or whether any Bitcoin was sold.