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Ireland's Criminal Assets Bureau Recovers 500 BTC ($38.7M) from Dormant Wallet with Europol Support

GateNews

Enforcement Actions

2026-05-20 13:24:07

BTC0.65%

According to Ireland's Criminal Assets Bureau and Europol's European Cybercrime Centre, authorities recovered 500 BTC worth approximately $38.7 million from a dormant cryptocurrency wallet linked to a 2019 Irish drug trafficking case, marking the second successful access to wallets in the case. Europol provided technical expertise and decryption resources that enabled investigators to unlock the wallet. Arkham Intelligence data showed the seized bitcoin subsequently transferred to Wintermute, a cryptocurrency trading firm, after remaining inactive for 10 years. The bureau identified the funds as proceeds of crime. A first successful recovery of 500 BTC from a separate dormant wallet in the same case occurred in March.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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