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Irish gangs rent private vaults to hide crypto keys

Ireland’s Criminal Assets Bureau says the boxes are used to store keys alongside cash and valuables to help conceal proceeds from crime.

Reported · Written up by our desk · Regulation

Decrypt reports that Ireland’s Criminal Assets Bureau has described how criminal groups are using rented private vaults to store crypto keys.

The bureau said the keys are placed in secure boxes along with items such as cash, watches, and passports, according to Decrypt.

The outlet reports the move is part of broader efforts to conceal assets tied to criminal activity.

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