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Crypto· Crypto Regulation

Irish Gangs Are Renting Private Vaults to Hide Crypto Keys

Ireland's Criminal Assets Bureau has documented that organized crime gangs are renting private vaults to store cryptocurrency private keys and seed phrases alongside cash, luxury goods, and documents. The practice has been reported to Irish authorities as the country prepares for stricter EU anti-money laundering regulations taking effect next summer. Despite this emerging trend, officials indicate that cash remains the primary vehicle for money laundering among Irish criminal organizations.

about 18 hours ago

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