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    Home»Bitcoin»Irish Authorities Seize One other 500 Bitcoin in Legal Proceeds
    Irish Authorities Seize One other 500 Bitcoin in Legal Proceeds
    Bitcoin

    Irish Authorities Seize One other 500 Bitcoin in Legal Proceeds

    By Crypto EditorJuly 3, 2026No Comments2 Mins Read
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    Eire’s Legal Property Bureau (CAB) confirmed the seizure of one other 500 Bitcoin, at present value about 27 million euros ($30.9 million), in collaboration with Europol’s European Cybercrime Centre. 

    That brings the whole Bitcoin seized by CAB in 2026 to 1,500 BTC, value about $92.4 million, the regulation enforcement company stated in a social media put up on Thursday. CAB stated Europol had offered operational coordination, technical experience and decryption assist in the course of the investigation.

    The company didn’t disclose the identification of the pockets proprietor or particulars of the underlying investigation, including that it had no additional remark.

    The newest seizure comes months after CAB stated it had gained entry to and seized a cryptocurrency pockets containing 500 Bitcoin, which Irish media linked to a convicted drug seller.

    Irish Authorities Seize One other 500 Bitcoin in Legal Proceeds

    CAB seized one other 500 BTC. Supply: Legal Property Bureau

    Collins-linked Bitcoin pockets turns into energetic

    Following the earlier seizure, The Irish Instances reported that the pockets authorities accessed in March was one in all 12 holding about 6,000 BTC as soon as owned by Clifton Collins, a convicted drug seller. The paper containing the pockets’s personal keys was reportedly misplaced.

    Whereas authorities have not confirmed whether or not the newest seizure is linked to Collins, a pockets deal with related to him moved 500 Bitcoin to an unknown deal with on Thursday. Wallets related to Collins nonetheless maintain 4,500 Bitcoin, at present value about $277 million, as of Friday.

    Supply: Arkham

    Associated: US sanctions Sinaloa cartel-linked Ethereum addresses

    Collins was arrested in 2017 after police searched his automotive and located a stash of hashish, based on the Guardian.

    Police stated Collins used proceeds from his drug operation to buy 6,000 Bitcoin in late 2011 and early 2012, spreading the holdings throughout 12 wallets. He saved the pockets keys on a single sheet of A4 paper, hidden contained in the aluminum cap of a fishing rod case at his rental house.

    Collins’ landlord allegedly discarded his belongings after his arrest. Collins claimed the fishing rod case was stolen earlier than the owner entered the property.

    Journal: How crypto legal guidelines modified in 2025 — and the way they’ll change in 2026 



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