$400M in “lost” Bitcoin just came back to life after 10 years

Clifton Collins bought ~6,000 BTC in 2011–12

Then in 2017, he was arrested and the private keys were believed to be gone forever

His belongings were reportedly dumped in a landfill

Courts ordered the BTC confiscated

But without the keys, even authorities thought it was unrecoverable

Now the story just changed

Data from @arkham shows 500 BTC (~$35M) moved after nearly a decade of silence

The funds were transferred into Coinbase

What makes this even more interesting

Collins still holds around 5,500 BTC, worth nearly $390M, untouched till now

Reports suggest authorities, with support from Europol, may have accessed one encrypted wallet that was previously locked

If that’s true, this changes everything

- Bitcoin once considered permanently lost may not be lost anymore

- unlocking one wallet opens the possibility of unlocking the rest

- 100s of millions in dormant BTC could re-enter the market over time

After a decade of silence, one transaction just reopened a $400M mystery and now everyone is watching what moves next