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Irish Authorities Seize Another 500 Bitcoin in Criminal Proceeds

July 3, 2026Updated:July 3, 2026No Comments2 Mins Read
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Irish Authorities Seize Another 500 Bitcoin in Criminal Proceeds
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Eire’s Prison Property Bureau (CAB) confirmed the seizure of one other 500 Bitcoin, presently value about 27 million euros ($30.9 million), in collaboration with Europol’s European Cybercrime Centre. 

That brings the full Bitcoin seized by CAB in 2026 to 1,500 BTC, value about $92.4 million, the legislation enforcement company mentioned in a social media publish on Thursday. CAB mentioned Europol had offered operational coordination, technical experience and decryption help throughout the investigation.

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

The most recent seizure comes months after CAB mentioned it had gained entry to and seized a cryptocurrency pockets containing 500 Bitcoin, which Irish media linked to a convicted drug vendor.

Irish Authorities Seize Another 500 Bitcoin in Criminal Proceeds

CAB seized one other 500 BTC. Supply: Prison 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 considered one of 12 holding about 6,000 BTC as soon as owned by Clifton Collins, a convicted drug vendor. The paper containing the pockets’s non-public keys was reportedly misplaced.

Whereas authorities have not confirmed whether or not the newest seizure is linked to Collins, a pockets tackle related to him moved 500 Bitcoin to an unknown tackle on Thursday. Wallets related to Collins nonetheless maintain 4,500 Bitcoin, presently 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, in line with the Guardian.

Police mentioned 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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RBI calls for banking restrictions on crypto and private stablecoins
July 3, 2026
AAVE Price Prediction: Bulls Are Loading at $86 — But the $88 Wall Must Fall First
July 3, 2026
GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive
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July 3, 2026
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