Ireland's Criminal Assets Bureau cannot access $378 million worth of Bitcoin due to lost keys from 12 wallets 🌐

Ireland's Criminal Assets Bureau (CAB) has encountered a problem in trying to recover $378 million worth of Bitcoin seized from convicted drug trafficker Clifton Collins. Collins invested in Bitcoin in 2011-2012 and spread his assets across 12 virtual wallets, with passwords written on paper and stored in a fishing rod case. However, after his arrest, the case was lost, and access to the cryptocurrency is now gone. When the Bitcoin was seized in 2019, it was valued at $56 million. Authorities hope future technologies will help restore access to the funds.