Ireland Case No. 5267Money laundering (possession of crime proceeds) · Co. Dublin
Man charged over €6.5m cryptocurrency seizure released on bail
Kevin Daniel Andrei (23) appeared at Dublin District Court charged with three counts of money laundering offences linked to a Garda National Cyber Crime Bureau raid in north Co Dublin. He was granted bail and ordered to return to court on October 3rd.
- Reportednot reported
- Arrested8 Aug
- Chargednot reported
- In court8 Aug
2 reports - Verdict
- Sentenced
reportedhappened, not reportedlatest stagenot yet
Key facts
consolidated from all reports42 statements extracted from the articles
- whatCryptocurrency, namely Bitcoin and Monero, with a market value of about €6.5 million was seized. (dublinlive.ie)
- whatGNCCB seized around €6.5 million worth of cryptocurrency (irishmirror.ie)
- whatThree people were arrested during a raid at a property in north Co Dublin (irishmirror.ie)
- whereThe search took place at a residence in north Co Dublin. (dublinlive.ie)
- whereThe accused lives at Drynam Avenue, Swords (irishmirror.ie)
- whereThe seizure took place during a raid at a property in north Co Dublin. (irishtimes.com)
- whenThe search took place on the morning of 5 August 2024. (dublinlive.ie)
- investigationGardaí were investigating the sale of illegal material on darknet markets and money laundering involving cryptocurrency. (dublinlive.ie)
- investigationTwo men, aged 23 and 49, were arrested for an offence under Section 72 of the Criminal Justice Act 2006. (dublinlive.ie)
- investigationA 32-year-old woman was arrested on suspicion of offences under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010. (dublinlive.ie)
- investigationGarda National Cyber Crime Bureau detectives seized about €6.5 million of cryptocurrency. (irishtimes.com)
- investigationThree people were arrested during the raid. (irishtimes.com)
- investigationA man and a woman were also arrested on suspicion of money laundering and terrorism financing offences and released pending a file to the DPP. (irishtimes.com)
- chargeHe was charged with three counts of possessing close to €600,000 in crime proceeds (irishmirror.ie)
- chargeThe charges are under section seven of the Criminal Justice (Money Laundering & Terrorist Financing) Act (irishmirror.ie)
- chargeFirst count involves 65 Wirex transactions totalling €22,049 between March 2021 and September 2022 (irishmirror.ie)
- chargeSecond count involves 1822 Revolut transactions valued at €227,429 between February 2021 and February 2024 (irishmirror.ie)
- chargeThird count involves 422 Binance transactions worth €341,959 between March 2021 and December 2023 (irishmirror.ie)
- chargeAndrei was charged with three counts of possessing close to €600,000 in crime proceeds under money laundering legislation. (irishtimes.com)
- chargeOne count alleges concealing and disguising the source of 65 Wirex transactions totalling €22,049. (irishtimes.com)
- courtHe appeared at Dublin District Court on Thursday (irishmirror.ie)
- courtHe was charged at Kevin Street Garda station at 1.25 pm on Thursday (irishmirror.ie)
- courtHe made no reply to the charges (irishmirror.ie)
- courtHe was released on bail (irishmirror.ie)
- courtHe surrendered his passport as a bail condition (irishmirror.ie)
- courtHe must sign on three days a week at his local garda station (irishmirror.ie)
- courtHe is not to carry out any cryptocurrency transactions (irishmirror.ie)
- courtBail was set in his bond of €100 (irishmirror.ie)
- courtHe was ordered to appear again on October 3 for DPP directions (irishmirror.ie)
- courtLegal aid was granted as he was not working (irishmirror.ie)
- courtAndrei has not yet indicated a plea. (irishtimes.com)
- courtThe judge approved bail. (irishtimes.com)
- courtAndrei surrendered his passport as a bail condition. (irishtimes.com)
- courtAndrei was told not to carry out any cryptocurrency transactions. (irishtimes.com)
- courtLegal aid was granted to Andrei. (irishtimes.com)
- courtAndrei was ordered to appear in court again on October 3rd. (irishtimes.com)
- otherLuxury brand watches and two high-powered vehicles were also seized. (dublinlive.ie)
- otherThe 49-year-old man and 32-year-old woman were released from custody pending a file to the Director of Public Prosecutions. (dublinlive.ie)
- otherThe 23-year-old man remains in garda custody. (dublinlive.ie)
- otherThe darknet market is no longer in operation. (dublinlive.ie)
- otherA man and a woman were also arrested on suspicion of money laundering and terrorism financing offences (irishmirror.ie)
- otherThe man and woman were released pending submission of a file to the DPP (irishmirror.ie)
The reporting
newest first- 8 Aug2024Man charged in connection with €6.5m cryptocurrency seizure released on bail
Reports the charges against Kevin Daniel Andrei, the bail conditions and the court return date, and says a man and a woman were arrested and released pending a file to the DPP.
accused, Kevin Daniel Andrei, 23, male, namedKevin Daniel Andrei - 8 Aug2024Dublin man charged with money laundering cryptocurrencies appears in court
Reports the court appearance, specific charges, and bail conditions for Kevin Daniel Andrei in a GNCCB cryptocurrency money laundering investigation; also notes two co-accused released pending DPP file.
accused, Kevin Daniel Andrei, 23, male, named, non-irish (judged from name)Kevin Daniel Andreisuspect, malesuspect, female - 8 Aug2024Trio arrested by gardai probing darknet markets & crypto money laundering
Reports the arrests of three people, the seizure of cryptocurrency, watches and vehicles, the offences under investigation, and that two suspects were released pending a file to the DPP while one remains in custody.
suspect, 23, malesuspect, 49, malesuspect, 32, female