Australia Cuts Off ‘Sophisticated’ Money Laundering Ring
Key Takeaways: A cross-agency effort led to Queensland-based and larger-scale Queenslander launder over $190 million through cryptocurrency. Four men, including the executives of a security firm, have been accused of serious fraud related to cryptocurrencies and international money laundering. The scheme used couriers, fake companies and cryptocurrency exchanges to conceal the dirty money, authorities say. … Read more