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Australia’s Operation Ironside Hits Phase 3: $38M in Crypto Assets Frozen

Australia’s Operation Ironside Hits Phase 3: $38M in Crypto Assets Frozen

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2025-11-03 08:00:00

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Law enforcement tightens the noose on darknet operations as Australia's landmark crypto crackdown enters its most aggressive phase.

Undercover agents flip the script—$38 million in digital assets now locked in government wallets.

Meanwhile, crypto traders shrug—another Tuesday in the Wild West of decentralized finance.

South Australia Police have arrested 55 suspects and filed around 800 new criminal charges in the latest phase of Operation Ironside, a massive investigation that uses data from an FBI-built encrypted app called AN0M. Read More

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