Irish drug lord’s lost Bitcoin fortune comes back to life as $41 million moves to Coinbase

A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins moved about $41.5 million after a decade of inactivity. Blockchain analytics firm Arkham Intelligence reported that 500 BTC moved on Oct. 20 from an address associated with Collins to a wallet it identifies as a Coinbase Prime deposit. The transfer marks the fifth movement of 500 BTC from Collins-linked wallets this year, bringing the total to 2,500 BTC, worth approximately $208 million at Bitcoin's price of around $83,157. The development leaves roughly 3,500 BTC, valued at $291 million, in wallets Arkham associates with the former drug dealer, raising questions about whether the remaining fortune could also become accessible.

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