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How Irish gangs are stashing crypto keys in private vaults

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Organized criminal syndicates in Ireland are now using rented security boxes to keep the phrases and private keys needed to access their cryptocurrency wallets safe. They are storing them along with money, luxury watches, and passports where the police cannot easily locate them, the head of the state’s asset seizure unit said. Michael Gubbins, a... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Criminal use of private vaults for crypto storage is not market-moving.

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How Irish gangs are stashing crypto keys in private vaults — Crypto Insight