According to TechFlow, on October 9, Decrypt reported that the Irish Criminal Assets Bureau (CAB) said it had been unable to access bitcoins seized from drug dealer Clifton Collins since 2020. These bitcoins are currently worth about $378 million and are stored in 12 wallets. Collins claimed that the file containing the wallet seed phrase was lost in a burglary. He began investing in Bitcoin in 2011, when the price of Bitcoin was between $0.30 and $29.

The CAB seized the bitcoins in 2020, which were worth about $56 million at the time. The Irish High Court ruled that the assets originated from criminal activity and ordered them to be handed over to the CAB. However, due to the inability to access the wallet, the bitcoins have remained frozen for the past four years. During this period, the price of Bitcoin has risen from about $9,000 to more than $62,000 currently, which has greatly increased the value of the seized bitcoins.