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Australian Police Seize 52.3 Bitcoin Worth $4.1M in Dark Web Investigation, Arrest 2 Suspects

GateNews
Enforcement ActionsSecurity Incidentsbitcoin news
BTC-0.94%

According to ChainCatcher, Australian New South Wales police seized 52.3 Bitcoin (approximately $4.1 million) and arrested 2 suspects in connection with illegal dark web market operations in Ingleburn, Sydney, following a 15-month investigation. The cryptocurrency is suspected to be proceeds from drug and weapons trafficking on the dark web marketplace. The operation, executed by Strike Force Andalusia under the state’s Crime Command cyber crime unit, marks one of Australia’s largest cryptocurrency seizures related to dark web activities.

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