The Criminal Assets Bureau of Ireland cannot access the $59 million in BTC

The Criminal Assets Bureau of Ireland cannot access the $59 million in BTC


   The Irish authorities cannot access the $59 million BTC that belongs to a drug dealer in prison - his landlord accidentally threw away a suitcase with codes to access wallets.

According to Irish Times' report, a Dublin resident, Clifton Collins, made a fortune at the BTC between 2011 and 2012 using funds derived from illicit cultivation and sale of marijuana. Collins bought more than 6,000 BTCs, which at the time were sold for less than $5 a coin.

Collins was arrested in 2017 for possession and sale of marijuana and sentenced to five years in prison. Before his arrest, he hid the codes to twelve separate wallets, each containing 500 BTCs, inside an aluminum case with fishing gear.

The suitcase was kept in his rented house in Farnakhta. The owner of the house sent most of the convict's property, including the case with the codes, to a local dump. The landfill workers told police that they saw the suitcase, but eventually the waste was sent to Germany and China.

Although the Irish Bureau of Criminal Assets had previously seized twelve of Collins' accounts, the $59 million Bitcoins are still not available without codes. Collins says he has come to terms with the loss of his money, and sees this as punishment for his actions.



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