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500 BTC linked to Irish drug dealer moved to Coinbase Prime after keys lost, worth $39.56M

Market News
28 Aug 2026
Crypto news
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A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins transferred 500 BTC, valued at about $39.56 million, to Coinbase Prime. The coins were previously inaccessible due to lost private keys but have been recovered by Irish authorities with Europol's help. This transfer does not confirm a sale, as Coinbase Prime is used for custody and trade execution. The recovery highlights ongoing efforts to seize and manage criminal assets in cryptocurrency form.

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