NSW Police Seize 52.3 Bitcoin in Darknet Proceeds Case
Australian authorities arrested two men and seized 52.3 Bitcoin, valued at roughly $5.7 million AUD, after a 15-month investigation led by the New South Wales Police Cybercrime Squad under Strike Force Andalusia. The operation targeted alleged darknet-market activity and shows how crypto tracing is becoming a central tool in proceeds-of-crime investigations.