Clifton Collins became a legend in crypto for turning drug profits into Bitcoin long before most people took it seriously.
Back in the early days of Bitcoin, he secretly bought thousands of BTC while prices were still tiny, eventually building a stash worth hundreds of millions.
To protect the fortune, he stored the wallet keys on paper and hid them inside a fishing rod case.
After Collins was arrested, the fishing rod containing the private keys was accidentally thrown away during a property cleanup.
With it disappeared access to roughly 6,000 Bitcoin, worth over $700 million at peak valuations.
Just like that, hundreds of millions in Bitcoin was believed lost forever.
A fortune trapped on the blockchain.
But then came the twist.
This year, 500 BTC from one of those “lost” wallets suddenly moved after sitting dormant for nearly a decade, worth roughly $35 million.
On-chain data suggested authorities may have somehow recovered access to part of the stash.
Which means maybe the fortune was never fully lost after all.
And now the mystery is even bigger:
How did they regain access… and can they unlock the rest?
🚨Data from #Arkham shows that over the past 20 hours, this whale has deposited a total of 2,791 $ETH (~$6.64M) to #Binance around the $2,320 price level.
This action likely indicates profit-taking, especially as the whale’s $ETH balance has dropped by 90% from its original holdings.
On top of that, the whale is placing 5 limit LONG orders on $BTC , totaling over $1M in $USDC, laddered between the $74.5K–$73.5K range.$BTC
THE CRAZY CRYPTO STORY OF STEFAN THOMAS Stefan Thomas is a German-American programmer who became one of the most famous cautionary tales in crypto, not because he made a mistake investing, but because he forgot how to access his fortune. Back in the early days of Bitcoin, he was paid 7,002 BTC for creating an educational video explaining how Bitcoin works. At the time, it was worth very little, just a few hundred dollars in total. He stored the Bitcoin in a secure digital wallet called IronKey. The problem was simple but brutal: he wrote the password on a piece of paper… and lost it. IronKey only allows 10 password attempts before permanently encrypting the wallet forever. He had already used 8. That meant he had just 2 guesses left to access what would eventually become over $500 million worth of Bitcoin. The pressure was so intense that he eventually gave up trying, choosing peace of mind over two final guesses that could erase everything forever. And just like that, hundreds of millions of dollars became a locked digital ghost. The real question is: what would you do with two chances at $400M?
An early Ethereum ICO participant has sold 11,500+ ETH for ~$23 million.
👉 The investor originally bought 38,800 ETH in 2015 at ~$0.31 per coin — a total investment of around $12,000, now valued at roughly $80 million. #NewsAboutCrypto $ETH $ETH