Australia Busts $123M Crypto Laundering Ring Behind Security Firm
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Australia Busts $123M Crypto Laundering Ring Behind Security Firm

June 9, 2025
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Australian authorities have uncovered a sprawling crypto laundering operation worth $123 million USD (AU$190 million), hidden behind a seemingly legitimate cash-in-transit security company. Following an 18-month investigation, the Australian Federal Police (AFP), in collaboration with state agencies, have charged four individuals and frozen over AU$20 million ($13.6 million USD) in

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