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Australian Police Seize Millions in Bitcoin From Alleged Darknet Marketplace Operator

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Decrypt Editorial
(05:24 PM UTC)
1 min read
MR
Verified byMichael Roberts

In brief

  • New South Wales Police seized 52.3 Bitcoin worth about $4.2 million USD during raids in Ingleburn on May 4.
  • A 39-year-old man was charged with failing to comply with a digital evidence access order plus other charges.
  • A 41-year-old man faces charges of dealing with property proceeds of crime over $100K for allegedly transferring the cryptocurrency.

Police in the Australian state of New…

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