What the fuck was this lad doing growing and selling drugs he could have sold up shop and bought a yacht ffs
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Sounds like he was a very early stage investor in Bitcoin. I’m amazed he hasn’t challenged the order.
If he invested with the proceeds of his dealing, and he can’t show any other source of income, he’s in a bit of a tight spot.
Exactly…by 2017 he would have been loaded…and he caught for a bag of shrubs up the Wicklow mountains
They’ve to hold it for 7 years 
It could be anything by the end. We might all be able to retire at 65 yet.
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How can they freeze it exactly? Not as if a bank that has it
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They have control of the digital wallets containing the bitcoin
He was investigated by the CAB in August 2017 so at the time his 6000 BTC were worth approx 26.4 Million USD.
During the Crypto boom of Christmas 2017 the same 6000 Bitcoin were worth approx 125 million USD 
The 52 million figure quoted is about the current value now.
But would they have the keys and legal remit to move them from that wallet you wonder to their own? Or could your man have a wallet created, use the recovery seeds and rip them from under them?
If he has the private key he could transfer to another wallet but the problem is that they have his identity linked to the wallet.
If anything moves out of the account they’ll accuse him straight away.
I would imagine they have the private key. Probably recovered off a seized laptop or device.
There’s a movie in this
Clifton Collins (49), originally from Crumlin, Dublin, bought most of the bitcoin in late 2011 and early 2012 using cash he made growing crops of cannabis. The crypto currency has soared in value since then. Collins spent some of his money buying a two-seater gyro plane and learning how to fly it.
By god.
Less than $10 a bitcoin?
I presume he “lost” the codes?
Was the sudden drop caused by bloomberg suggesting it should be regulated?
Correct. It hit 2$ in December 
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Collins then printed out the codes for the 12 accounts onto an A4 piece of paper. He hid the paper inside the aluminium cap of his case containing his rod which he kept at his rented home in Farnaught, Cornamona, Co Galway.
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.
Workers at the dump told gardaí they remembered seeing discarded fishing gear. However, waste from the dump is sent to Germany and China to be incinerated and the fishing rod case has never been found.
Shhhhhuuuuurrre