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$35M Breakthrough: Irish Authorities Crack Bitcoin Wallet Linked To 2019 Drug Seizure

Irish authorities, with Europol's support, have successfully accessed a seized Bitcoin wallet containing 500 BTC (worth ~$35.4 million) linked to a 2019 drug case. The wallet, part of a larger 6,000 BTC seizure from a cannabis operation, had been inaccessible for years due to lost private keys. The breakthrough, involving technical decryption, raises the possibility of recovering the remaining 5,500 BTC (valued at ~$392 million) from other seized wallets. The assets were originally confiscated from Clifton Collins, who invested in Bitcoin early and stored his keys on a paper that was later lost.

bitcoinist03/26 06:01