Australian detectives have arrested a 38-year-old man as part of an investigation into an unregistered cryptocurrency exchange. The man, a resident in Cairnlea — a Melbourne suburb — was arrested at home, where police seized “a substantial amount of cash and false identification documents.” Authorities also seized a cryptocurrency ATM from a shopping mall in nearby Braybrook, which according to Google Maps is approximately 8 kilometres away from Cairnlea. The investigation began in June after the Australian Transaction Reports and Analysis Centre (AUSTRAC), a government financial intelligence agency tasked with monitoring transactions, provided intelligence regarding reports of scam activity linked…
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