Lookonchain said a Bitcoin wallet allegedly linked to Clifton Collins moved 500 BTC to Coinbase Prime after more than 10 years of inactivity, BlockBeats reported on Oct. 20. The transfer was valued at about $41.52 million.
What the report says
BlockBeats said previous reports linked Collins to about 6,000 BTC that he could not access after losing private keys. The flash said the reason for the transfer and whether the keys were recovered remain unknown.
The wallet attribution and identity details are reported claims; the flash did not independently verify control of the wallet or the transfer’s purpose.
Source: BlockBeats flash.