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Irish Mirror
Irish Mirror
National
Emma McMenamy

Criminals increasingly using cryptocurrency like Bitcoin to hide gains as garda agency cracks down

The Criminal Assets Bureau is seeing more crafty criminals using cryptocurrency to hide their ill-gotten gains.

Bureau legal officer Kevin McMeel admitted that it’s trickier for the Garda agency to get at cyber-savvy thugs but they are facing them head on and winning.

Speaking on a two-part series about the work of the organisation, Mr McMeel said: “We at the Criminal Assets Bureau see the increased use of cryptocurrency as being a unique challenge that we have, but it’s one I think we have met quite well in recent years.

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