Australian Police Uncover $190 Million Crypto Money Laundering Ring

The Australian Federal Police (AFP) has taken down a sophisticated money laundering operation involving over $190 million in cryptocurrency, resulting in charges against four individuals. The operation allegedly involved a security company that used an armored transport service to move cash around the country while secretly converting it into crypto. Investigations revealed that this illicit activity was linked to various criminal activities, including drug trafficking and fraud, harming communities and economies.