Australian police arrest 50-year-old woman for money laundering with cryptocurrency
Detectives from the cybercrime department of the state of New South Wales arrested a 50-year-old Australian woman for laundering money using cryptocurrency.
When detained in her car, law enforcement authorities found 60 thousand Australian dollars in cash ($ 38.7 thousand) and 3.8 MTC on a hardware wallet, and during a search of the house they found other data storage devices with digital assets.
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According to Matty Kraft, head of the anti-crime department, the woman has used cryptocurrency for money laundering since 2017 and during that time she successfully transacted with bitcoins worth more than $ 3.2 million. In court, the Australian was also accused of illegally generating income and violating exchange norms digital currencies.
Detectives say that this was the first such arrest in the state, but most likely not the last, since in 2018 Australia began to monitor the activities of crypto exchanges.
Recall that at the end of last year, the police of Western Australia confiscated $ 1 million worth of cryptocurrency from drug couriers.