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CAB, Europol secure another 500 BTC likely tied to Irish drug trafficking case

The Block
Ireland’s Criminal Assets Bureau and Europol have recovered 500 BTC, valued at $38.7 million, from a dormant wallet linked to a drug trafficking case.

Summary

Ireland’s Criminal Assets Bureau (CAB), in collaboration with Europol, successfully recovered 500 BTC worth approximately $38.7 million from a long-dormant cryptocurrency wallet. The operation utilized specialized decryption expertise to access funds tied to a 2019 Irish drug trafficking investigation involving Clifton Collins. This marks the second recovery of 500 BTC from the same illicit stash this year, which originally totaled 6,000 BTC. On-chain data from Arkham Intelligence confirmed the assets were moved to the trading firm Wintermute, while investigators continue to monitor remaining wallets.

(Source:The Block)