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Australian Police Seize $4.1M of Bitcoin in Major Darknet Bust

Summary by Cointelegraph
NSW Police seized 52.3 Bitcoin worth about $4.1 million in a darknet marketplace probe, as AUSTRAC expands crypto AML supervision.
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New South Wales police claimed to have identified one of the largest seizures of cryptocurrencies in Australia’s history, by confiscating BTC 52.3 valued at about $5.7 million during a 15-month investigation into alleged illegal operations in the darknet. *** The investigation lasted 15 months and resulted in the total seizure of AUD $5.7 million in cryptos and illicit drugs. Authorities maintain that 52.3 BTC found in an Ingleburn home would be…

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crypto.news broke the news on Friday, May 8, 2026.
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