The €53.6 million value of the Bitcoin is the biggest case in the Cab’s 25-year history, but is out of the bureau’s reach.
A drug dealer who amassed a €55 million fortune in the cryptocurrency bitcoin has lost the codes to access the accounts after hiding them with his fishing rod, which has now gone missing.
It means the €53.6 million monetary value of the bitcoin inside them, which is the biggest case in the Cab’s 25-year history, is out of the bureau’s reach.
But when he was arrested with cannabis herb in 2017 in Co Wicklow and jailed for five years, there was a break-in at the house and it was also cleared on behalf of the landlord with many of Collins’s items being taken to a dump in Co Galway.
Collins had much smaller amounts of bitcoin in other accounts, valued at €1.5 million, that the Cab has been able to access.