Australia’s First Crypto Laundering Conviction
Victoria Police serves more than 6.7 million people across 237,659 km² — Australia’s second most populous state. As crypto-facilitated crimes started growing in scale and complexity — from investment scams and pig butchering schemes to money laundering — traditional investigation methods weren’t enough to follow complex money laundering patterns on the blockchain. To address this, Victoria Police used blockchain intelligence to trace illicit funds and follow them to their source. “We recognize the importance of embracing new and emerging technologies to combat crime,” said Sergeant David Crowe. Their first major success — Operation Taipan, Australia’s first…
