A funny story of a drug dealer who lost $ 59 million in bitcoin

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4 years ago

A drug dealer who managed to make a fortune estimated at $ 59 million, used bitcoin and traded online to develop and grow what he had, but he lost access to his own account after losing the key to the bitcoin wallet in an aquarium.

The drug dealer we're talking about is "49-year-old" Clifton Collins, who owned more than 6000 bitcoins he bought between 2011 and 2012 from his own money he earned from selling drugs.

In 2017, with the rise of bitcoin to record levels, "Clifton" feared losing the bitcoin he possessed, which was valued at more than $ 59 million, and in response to his fear he divided 6000 bitcoins in his possession into 12 different accounts.

He printed the numbers for Governor 12 on paper and stored them in a fish tank in a house that had been rented by “Clifton” in County Galway.

In the same year 2017 he was arrested and charged with selling drugs to be sentenced to five years' imprisonment.

According to Irish law, the law enforcement agency has the right to confiscate any financial assets of the criminal.

As noted above, “Clifton” stored private keys in a fish tank in a house that had been rented for a short period, ending the rental period.

The aquarium will be placed in the home warehouse, which contains $ 59 million.

According to the Irish Times website, the fish tank has left the home depot towards the landfill, according to cleaners.

According to the same source, the cleaners remembered seeing the basin with fishing equipment being transported to the place of burning waste.

Where the waste is sent to Germany and China to be incinerated and if that ends, there is little chance that it will still be there.

“Gardaí”, a friend of “Clifton,” who helped him divide the amount among different portfolios, confirmed that “Clifton” lost access to his portfolio after he lost the aquarium.

He later told "Clifton" that losing his keys to his wealth was a punishment for his stupidity.

The Irish Crime Prevention Office was able to seize and reserve $ 1.65 million from other accounts owned by Clifton, including $ 110,000 in paper money.

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