Irish Drug Dealer Clifton Collins' 500 BTC Dormant for Nearly 10 Years Appears in On-Chain Transfer

DeepFlowTech · 2026-03-25T01:27:15+00:00

500 BTC linked to Irish drug dealer Clifton Collins moved on-chain after nearly 10 years of inactivity. Collins had purchased 6,000 BTC between 2011 and 2012, with the private keys believed to be permanently lost, and the assets were previously ruled seized by the court. This transfer suggests these assets may not have been completely lost.

DeepFlowTech

2026-03-25 01:27:15

Abstract generation in progress

Deep Tide TechFlow News, March 25 — According to Bitcoin News, 500 BTC related to Irish drug dealer Clifton Collins, previously deemed permanently lost, recently appeared in on-chain transfers, nearly 10 years after the last activity.

Collins purchased about 6,000 BTC between 2011 and 2012 using proceeds from selling marijuana, and stored them across 12 wallets. His private keys were kept on paper, hidden inside a fishing rod case in a rented house in Galway, Ireland. After Collins was arrested in 2017, the house was cleared out, and his personal belongings were sent to the landfill.

Since then, both authorities and Collins believed the private keys were permanently lost, and the court also ruled the assets as criminal proceeds to be confiscated. The recent on-chain transfer of 500 BTC suggests that these assets may not have been completely lost.

BTC1.19%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.