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$124M Crypto Laundering Scheme Exposed in Australia—Authorities Charge Four

A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a…

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Australia Cracks Down on Crypto ATMs, Citing Inadequate AML and CTF Measures

AUSTRAC, Australia’s financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services…

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