Smashing Security podcast #461: This man hid $400 million in a fishing rod. Then it vanished
Graham CluleyArchived Apr 02, 2026✓ Full text saved
A cannabis-growing, beekeeping, gyrocopter-flying Irishman invested his drug money in Bitcoin back in 2011 - and now sits on a fortune worth $400 million. There's just one small problem: the access codes were tucked inside his fishing rod case, which has mysteriously vanished. Or has it? Because this week, one of his frozen wallets suddenly woke up and moved $35 million - and someone had to identify themselves to do it. Meanwhile, Ajax Football Club scores a spectacular cyber own-goal, as a data
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Graham Cluley @ 12:26 am, April 2, 2026
@grahamcluley.com
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A cannabis-growing, beekeeping, gyrocopter-flying Irishman invested his drug money in Bitcoin back in 2011 – and now sits on a fortune worth $400 million. There’s just one small problem: the access codes were tucked inside his fishing rod case, which has mysteriously vanished. Or has it? Because this week, one of his frozen wallets suddenly woke up and moved $35 million – and someone had to identify themselves to do it.
Meanwhile, Ajax Football Club scores a spectacular cyber own-goal, as a data breach that the club claimed affected “a few hundred” fans turns out to may have exposed the personal details of 300,000 supporters – along with the ability to steal match tickets and quietly remove people from the stadium ban list.
All this and more in episode 461 of the “Smashing Security” podcast with cybersecurity expert and keynote speaker Graham Cluley, joined this week by special guest Danny Palmer.
Smashing Security #461:
This man hid $400 million in a fishing rod. Then it vanished
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SETTINGS
Host:
Graham Cluley:
@grahamcluley.com @gcluley@mastodon.green / grahamcluley
Guest:
Danny Palmer:
/ dannypalmerwriter
Episode links:
Iran-linked hackers breach FBI director’s personal email, publish photos and documents – Reuters.
Windows PCs crash three times as often as Macs, report says – TechSpot.
Wife used CCTV to steal $176M of husband’s crypto, UK court told – Coin Telegraph.
Gardaí open €30m bitcoin virtual wallet, first of 12 accessed since seizure in 2019 – Irish Times.
Irish Drug Dealer’s Lost BTC Stack Worth $400m Has Woken Up – Arkham.
Ajax FC data breach exposes 300,000 fans, hacker steals tickets an stadium ban details – Cybernews.
Small Prophets – BBC iPlayer.
RPG Taverns – Dungeons and Dragons tavern in London.
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Theme tune: “Vinyl Memories” by Mikael Manvelyan.
Assorted sound effects: AudioBlocks.
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Graham Cluley
Graham Cluley is an award-winning keynote speaker who has given presentations around the world about cybersecurity, hackers, and online privacy. A veteran of the computer security industry since the early 1990s, he wrote the first ever version of Dr Solomon's Anti-Virus Toolkit for Windows, makes regular media appearances, and hosts the popular "Smashing Security" podcast. Follow him on TikTok, LinkedIn, Bluesky and Mastodon, or drop him an email.