Australian police seize record amount of cryptocurrency for the country

Australian police seize record amount of cryptocurrency for the country

Police in the Australian state of Victoria have seized a record amount of cryptocurrency for the country as part of an investigation into drug trafficking via the darknet. This was reported by The Canberra Times.

Police conducted six searches and detained two suspects, seizing drugs, real estate, money and cars. They seized A$8.5 million in cryptocurrency (about $6 million) and also seized bank accounts.


Law enforcers reportedly identified the suspected drug traffickers thanks to data from the shutdown of the Silk Road darknet marketplace.


As a reminder, last year US authorities seized 69,370 BTC linked to Silk Road.

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