New South Wales Police seize 52.3 Bitcoin worth $4.2M from darknet operator
Summary
The New South Wales Police have successfully seized 52.3 Bitcoin, valued at roughly $4.2 million USD, as the culmination of a 15-month investigation dubbed "Strike Force Andalusia." Two men were arrested for their roles in a darknet marketplace operation involving prohibited drugs and weapons. This operation highlights the increasing effectiveness of Australian law enforcement in blockchain forensics, arriving just before new, stricter anti-money laundering regulations for virtual asset service providers take effect in July 2026.
(Source:Crypto Briefing)