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Two cryptocurrency accounts containing $410,000 (€347,000) were frozen Alamy Stock Photo
Organised Crime
Cryptocurrency accounts containing around €350,000 frozen after garda operation in Co Galway
The investigation is ongoing and further updates will follow.
TWO CRYPTOCURRENCY ACCOUNTS have been frozen and a man has been arrested following a garda operation in Co Galway.
As part of ongoing investigations into organised criminal activity in Galway, gardaí today conducted an operation at a residential property in the Doughiska area.
The property was searched under warrant and members of the Regional Armed Support Unit assisted in the operation.
A man in his 20s was arrested and is currently being detained at a Garda station in the North Western Region.
As part of the operation, two cryptocurrency accounts containing $410,000 (€347,000) have been frozen, along with an account at a local financial institution holding over €20,000.
A garda spokesperson said the investigation is ongoing and further updates will follow.
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