Australian police will monitor suspicious cryptotrazacities – Bits Media

Federal Police of Australia (AFP) Formed a special cryptocurrency unit, whose tasks will include the fight against money laundering and monitoring of suspicious cryptotrazazations.

The unit was created on the basis of the confiscation team Australia police after that, as the volume of income from criminal activity with crypto actures exceeded $600 million. COMMINE AFP Fig. Kershou (Reece Kershaw) said:

“Although the amount of cryptocurrency seized was relatively small compared to a mass of cash and property, The concentration of attention on cryptocurrency brought the law enforcement agencies to benefits thanks to a deeper understanding of business models of organized crime ".

Stefan Jergar (Stefan Jerga), Heading a new unit, stated, that in recent years, the use of cryptocurrency for criminal purposes has increased significantly, And now a separate team is required for this, which will track suspicious transactions.

In August, the Australian Police Victoria received additional powers from the authorities, giving the right to withdraw digital assets from criminals and sending official requirements to cryptocurrency companies to disclose these suspects.