Man accused of cyber crimes and money laundering involving cryptocurrencies released on bail

Detectives with the Garda National Cyber Crime Bureau seized around €6.5 million worth of cryptocurrency

One claims claims Kevin Daniel Andrei disguised the true nature and source of 422 separate Binance transactions worth €341,959 between March 21, 2021, and December 20, 2023, at various places in Ireland. File picture

A Dublin man charged following a cyber crime investigation into darknet markets and money laundering involving cryptocurrencies has been released on bail.

Detectives with the Garda National Cyber Crime Bureau (GNCCB) seized around €6.5 million worth of cryptocurrency and arrested three people during a raid at a property in north Co Dublin.