How Australian police is combating criminals through cryptocurrency

📆 9/6/2022 8:35 PM
📰 CryptoAmb

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The Australian Federal Police (AFP) formed a new cryptocurrency unit to focus on crypto-related transactions, reported The Australian Financial Review. The step is in line with the policy of Australian law enforcement to monitor crypto-related transactions closely. Stefan Jerga, the national manager of the AFP’s Criminal Assets Confiscation Taskforce (CACT), commented on the matter at […]

The Australian Financial Review. The step is in line with the policy of Australian law enforcement to monitor crypto-related transactions closely.

In 2020, Commissioner Reece Kershaw set a target of confiscating $600 million within the next five years. However, the agency has achieved its target much ahead of time.

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