Man due before court in organised crime investigation involving $410,000 in cryptocurrency

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Galway Daily courts

A man arrested in connection with an organised crime investigation, which saw $410,000 worth of cryptocurrency seized, has been charged and is due to appear before court today.

GardaĆ­ arrested a man in his 20s in Doughiska on Monday as part of ongoing investigations into organised criminal activity.

He was arrested after GardaĆ­ searched a home in the Doughiska area under a warrant.

As part of this operation, two cryptocurrency accounts containing $410,000 have been frozen, along with an account at a local financial institution holding over €20,000.

The man arrested has since been charged and is due to appear before a special sitting of Galway District Court on Friday evening at 5:45pm.

An Garda SƭochƔna have said that investigations into this matter are ongoing.