He had also accrued a fortune in bitcoin; buying up the cryptocurrency with the proceeds of his drug sales and then watching his personal wealth explode as the value of bitcoin soared. They discovered the house had been converted by Collins into a sophisticated cannabis grow house. Gardaí believe he had been growing cannabis for almost 12 years. Bitcoin fortuneAfter he was arrested, and jailed for five years, it emerged he had amassed a bitcoin fortune. Virtual walletsHis 12 bitcoin virtual wallets, containing 6,000 bitcoin, have been seized by the Criminal Assets Bureau.

Source: The Irish Times February 21, 2020 01:52 UTC