Irish Police Move Another 500 BTC From Clifton Collins Stash

Ireland's Criminal Assets Bureau, with help from Europol, just moved another 500 BTC worth ~$38.7M from wallets linked to convicted Irish drug dealer Clifton Collins.

➡️ Total seized this year: 1,000 BTC (~$73M)

➡️ First 500 BTC moved on March 24 → sent to Coinbase Custody

➡️ Latest 500 BTC moved this week → sent to Wintermute (Binance deposit)

Why It Matters

The move to Wintermute (a market maker / OTC desk) signals a likely sell-off, unlike the March batch which went into cold storage.

The Backstory:

➡️ Collins bought 6,000 BTC in 2011-2012 from cannabis profits

➡️ Stored private keys inside a fishing rod case in County Galway

➡️ Keys lost after his 2017 arrest → wallets sat dormant for 10 years

➡️ Europol provided "highly complex decryption resources" to crack access

Still Untouched:

5,000 BTC ($387M) still sits in wallets tagged "Clifton Collins: Lost Keys" on Arkham. Collins remains the 7th richest on-chain individual in the world.