Gardaí have frozen two online cryptocurrency accounts containing assets worth $900,000 (€772,000) following raids of two properties in Galway targeting an organised crime operation.
A man in his 40s has been arrested and is set to appear before Galway District Court on Thursday to answer drug charges.
Gardaí from a Galway drug unit alongside local uniformed officers, searched two addresses in Galway city on Wednesday.
They found €9,000 worth of amphetamines, and cannabis with a street value of €9,300, both of which had been wrapped with tape and film.
READ MORE
Forensic Science Ireland are set to analyse the seized substances to confirm their contents.
In connection with the seizures, gardaí froze two associated cryptocurrency wallets “pending further investigation”, as well as a traditional bank account containing €25,000.
Several wads of cash were found at the properties, totalling €9,300.
The arrested man is being held at a nearby Garda station and is due to appear in court on Thursday morning.
In a statement, the Garda said investigations are “ongoing”.













