Australian police seize $4.1M in BTC linked to darknet

Police in New South Wales, Australia, have seized 52.3 BTC, worth approximately $4.1 million, linked to an illegal darknet marketplace, Cointelegraph reported. The seizure followed a 15-month investigation that culminated in a raid on a home in Ingleburn, Sydney, where authorities secured electronic devices and a cryptocurrency wallet. Two suspects are accused of involvement in darknet operations related to drug and weapons trafficking. Police described the operation as one of the largest cryptocurrency seizures in Australian history.