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Australia’s Operation Ironside Seizes $38M in Crypto in Phase 3 Crackdown

Australia’s Operation Ironside Seizes $38M in Crypto in Phase 3 Crackdown

Author:

Global Cryptocurrency

Published:

2025-11-03 07:57:01

14

1

BTCCSquare news:

South Australian authorities have intensified their crackdown on organized crime with the latest phase of Operation Ironside, resulting in 55 arrests and 800 new criminal charges. The investigation Leveraged data from AN0M, an encrypted messaging platform developed by the FBI.

Law enforcement confiscated $38 million in cryptocurrency assets, marking a significant blow to illicit financial networks. The operation demonstrates growing global coordination between agencies to combat crypto-enabled crime while preserving blockchain's legitimate uses.

By:

Australian Authorities Seize $37.9M in Crypto in Major Crime Ring Bust

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