Cryptocurrency accounts containing almost €350,000 frozen following major Garda operation

Cryptocurrency accounts containing almost €350,000 frozen following major Garda operation

As part of ongoing investigations into organised criminal activity in the Galway Division, Gardaí conducted an operation on Monday, 2nd February 2026.

During the course of the operation, a residential property in the Doughiska area was searched under warrant by the Galway Divisional Drugs Unit, assisted by members of the Regional Armed Support Unit and personnel attached to Millstreet Garda Station.

A male in his 20s was arrested and is currently being detained under Section 50 of the Criminal Justice Act, 2006 at a Garda station in the North Western Region.

As part of this 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.

The investigation is ongoing and further updates will follow.

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