Dormant wallet linked to Clifton Collins moves 500 bitcoin to Coinbase Prime
A dormant cryptocurrency wallet associated with former Irish cannabis dealer Clifton Collins transferred 500 bitcoin, valued at approximately $41.52 million, into Coinbase Prime following over a decade of inactivity.
A dormant wallet linked to Clifton Collins moved 500 BTC, worth about $41.52 million, into Coinbase Prime after remaining inactive for more than a decade, on-chain tracking service Lookonchain reported. Blockchain news outlet BSCN noted that the transaction represents the first significant outbound transfer from the dormant wallet cluster in more than ten years.[2][3]
The transferred coins originate from a 6,000 BTC fortune that Collins, a former Irish cannabis dealer, acquired prior to 2012, according to crypto intelligence platform Arkham. In 2017, Collins was imprisoned, after which his landlord cleared out his belongings and sent them to a dump.[1][3]
The entire multi-thousand-bitcoin stash had long been presumed lost following the loss of the physical private keys required to access it. Arkham's intelligence dashboard shows Collins' tracked addresses still held roughly 3,500 BTC valued at more than $291 million at the time of the transfer, with the latest 500 BTC tranche routed toward Coinbase deposit infrastructure.[1][2][3]
Key facts
- A wallet linked to Clifton Collins deposited 500 BTC, valued at $41.52 million, into Coinbase Prime after over 10 years of inactivity.
- Clifton Collins, a former Irish drug dealer, originally acquired a 6,000 BTC stash prior to 2012.
- Collins was jailed in 2017, and his landlord discarded his belongings at a dump, resulting in the reported loss of keys to the bitcoin.
- Arkham portfolio data shows the tracked Clifton Collins entity holding approximately 3,500 BTC valued at over $291 million.
Sources · 3 sources
- AR
Arkham@arkhamPost on X ·
THIS IRISH DRUGLORD’S BTC JUST MOVED - AGAIN Clifton Collins is a former Irish drug dealer who bought 6,000 BTC before 2012. In 2017, he was jailed and his belongings were sent to a dump by his landlord. 500 BTC from his stash just moved. https://t.co/nsVa8r7BPl
Open source - LO
Lookonchain@lookonchainPost on X ·
The 6,000 $BTC that Irish drug dealer #CliftonCollins reportedly lost the keys to are moving again! A wallet belonging to #CliftonCollins deposited 500 $BTC ($41.52M) into #CoinbasePrime after more than 10 years of inactivity. https://t.co/Ac3IROD13O https://t.co/RiyxN8z2vh
Open source - BS
BSCN@BSCNewsPost on X ·
Dormant Clifton Collins Wallet Moves BTC to Coinbase after 10 years! Blockchain records show an address linked to notorious Irish cannabis dealer Clifton Collins moving 500 $BTC, worth $41.52M, directly into a @Coinbase Prime deposit contract. This marks the first significant outbound balance transfer from the dormant wallet cluster in over a decade. The funds come from a notorious 6,000 $BTC stash long considered lost forever after the presumed loss of physical private keys. Source: Lookonchain
Open source