$ 1 million worth of cryptocurrency seized during police operation to arrest drug traffickers, record amount for Australia transaction.
The Australian Border Guard reported the arrest of a 27-year-old man and a 25-year-old woman who brought in 55 grams of ecstasy from the UK, hiding pills and powder in a baby kit for him. In addition to illegal drugs, law enforcement agencies seized an electronic device containing cryptocurrencies worth AU 1.52 million..
Police say this is the largest amount of such seizure ever, and calls for greater control of the digital environment to combat drug trafficking..
Uncovering the dark side of cryptocurrency | 60 Minutes Australia
The arrested couple was accused of possession of drugs for the purpose of their further sale or delivery. Discovered Cryptocurrency Has Been Frozen.
$1 million cash found inside car in Strathfield before crypto fraud arrests | 7NEWS
Regulatory restrictions in some countries sometimes impede the work of the executive. For example, in India, the police could not exchange seized bitcoins due to the state ban on cryptocurrency.
text: Ivan Malichenko, photo: xsd