Australian authorities uncovered a $123 million crypto laundering syndicate using legitimate businesses as cover. An 18-month probe exposed a cash-in-transit security firm, a classic car dealership, and a sales promotion company funneling illicit funds. Criminals used dead-drop cash pickups, armored vans, and bank account layering to disguise proceeds before converting them into cryptocurrency. Raids across Brisbane and the Gold Coast seized cash, crypto, documents, and $21 million in assets. Four suspects, including company directors, face charges carrying up to life imprisonment. The case highlights how criminals exploit legitimate sectors while reinforcing the importance of multi-agency collaboration and blockchain tracing.
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Mkt Cap $2.34T
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$66,435.00
▲ +2.11%
ETH
$1,923.59
▲ +1.47%
USDT
$0.99933
▲ +0.01%
BNB
$572.57
▲ +0.22%
USDC
$0.999874
▲ +0.01%
XRP
$1.16
▲ +3.98%
SOL
$77.89
▲ +0.57%
TRX
$0.329309
▲ +0.83%
FIGR_HELOC
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HYPE
$60.57
▼ -2.32%
DOGE
$0.073516
▲ +2.28%
RAIN
$0.014398
▲ +2.03%
USDS
$0.999862
▲ +0.01%
ZEC
$531.94
▼ -2.58%
LEO
$9.70
▼ -0.23%
WBT
$57.80
▲ +1.90%
XLM
$0.193802
▲ +3.30%
XMR
$349.38
▲ +4.30%
ADA
$0.173779
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LINK
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CC
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DAI
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BCH
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USD1
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▼ -0.01%
GRAM
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BTC
$66,435.00
▲ +2.11%
ETH
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USDT
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BNB
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USDC
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XRP
$1.16
▲ +3.98%
SOL
$77.89
▲ +0.57%
TRX
$0.329309
▲ +0.83%
FIGR_HELOC
$1.00
▲ +0.23%
HYPE
$60.57
▼ -2.32%
DOGE
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▲ +2.28%
RAIN
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▲ +2.03%
USDS
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▲ +0.01%
ZEC
$531.94
▼ -2.58%
LEO
$9.70
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WBT
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▲ +1.90%
XLM
$0.193802
▲ +3.30%
XMR
$349.38
▲ +4.30%
ADA
$0.173779
▲ +3.38%
LINK
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▲ +0.98%
CC
$0.126022
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DAI
$0.99972
▼ -0.01%
BCH
$223.92
▲ +3.10%
USD1
$0.999104
▼ -0.01%
GRAM
$1.53
▲ +5.95%
Mkt Cap $2.34T
BTC Dom 56.84 %
BTC
$66,435.00
▲ +2.11%
ETH
$1,923.59
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USDT
$0.99933
▲ +0.01%
BNB
$572.57
▲ +0.22%
USDC
$0.999874
▲ +0.01%
XRP
$1.16
▲ +3.98%
SOL
$77.89
▲ +0.57%
TRX
$0.329309
▲ +0.83%
FIGR_HELOC
$1.00
▲ +0.23%
HYPE
$60.57
▼ -2.32%
DOGE
$0.073516
▲ +2.28%
RAIN
$0.014398
▲ +2.03%
USDS
$0.999862
▲ +0.01%
ZEC
$531.94
▼ -2.58%
LEO
$9.70
▼ -0.23%
WBT
$57.80
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XLM
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▲ +3.30%
XMR
$349.38
▲ +4.30%
ADA
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▲ +3.38%
LINK
$8.61
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CC
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DAI
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BCH
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USD1
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GRAM
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