Bitcoin
Bitcoin (BTC)
$67,122.00 0.64707
Bitcoin price
Ethereum
Ethereum (ETH)
$3,512.12 0.44343
Ethereum price
BNB
BNB (BNB)
$594.76 0.82605
BNB price
Solana
Solana (SOL)
$173.40 1.63129
Solana price
XRP
XRP (XRP)
$0.5913550 2.20534
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000180 1.30518
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -0.26957
Pepe price
Bonk
Bonk (BONK)
$0.0000307 -3.13985
Bonk price
Bitcoin
Bitcoin (BTC)
$67,122.00 0.64707
Bitcoin price
Ethereum
Ethereum (ETH)
$3,512.12 0.44343
Ethereum price
BNB
BNB (BNB)
$594.76 0.82605
BNB price
Solana
Solana (SOL)
$173.40 1.63129
Solana price
XRP
XRP (XRP)
$0.5913550 2.20534
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000180 1.30518
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -0.26957
Pepe price
Bonk
Bonk (BONK)
$0.0000307 -3.13985
Bonk price
Bitcoin
Bitcoin (BTC)
$67,122.00 0.64707
Bitcoin price
Ethereum
Ethereum (ETH)
$3,512.12 0.44343
Ethereum price
BNB
BNB (BNB)
$594.76 0.82605
BNB price
Solana
Solana (SOL)
$173.40 1.63129
Solana price
XRP
XRP (XRP)
$0.5913550 2.20534
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000180 1.30518
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -0.26957
Pepe price
Bonk
Bonk (BONK)
$0.0000307 -3.13985
Bonk price
Bitcoin
Bitcoin (BTC)
$67,122.00 0.64707
Bitcoin price
Ethereum
Ethereum (ETH)
$3,512.12 0.44343
Ethereum price
BNB
BNB (BNB)
$594.76 0.82605
BNB price
Solana
Solana (SOL)
$173.40 1.63129
Solana price
XRP
XRP (XRP)
$0.5913550 2.20534
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000180 1.30518
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -0.26957
Pepe price
Bonk
Bonk (BONK)
$0.0000307 -3.13985
Bonk price

Australian police seize $50m in crypto money laundering scheme

australian-police-seize-50m-in-crypto-money-laundering-scheme
Edited by
News
Australian police seize $50m in crypto money laundering scheme

The Australian Federal Police (AFP) has accused Changjiang Currency Exchange of a money laundering scheme.

In a press release, the AFP said the operation, codenamed Ironside, resulted from a three-year investigation into the activities of the currency exchange business. Changjiang Currency Exchange operated from multiple locations across Sydney and Melbourne.

The company allegedly used sophisticated methods to conceal the origin and destination of the funds, which were linked to various criminal activities, such as drug trafficking, tax evasion, fraud, and money laundering.

The AFP said the business was part of a transnational criminal network that used encrypted communication platforms and cryptocurrency to facilitate the movement of illicit funds across borders. The AFP worked with the Australian Taxation Office, AUSTRAC, the Australian Criminal Intelligence Commission, and international law enforcement agencies to track and disrupt the network.

The police executed 20 search warrants across Australia and arrested seven men. The charges include various offenses, including dealing with proceeds of crime, money laundering, and participating in a criminal group.

The AFP also seized over $50 million in cash, luxury cars, jewelry, electronic devices, and documents

The AFP added that the operation was one of Australia’s most significant and complex money laundering investigations.