PANews reported on June 9 that the Australian Federal Police conducted 14 raids in Brisbane and the Gold Coast from June 5 to 6, jointly with multiple departments, and smashed a money laundering network that allegedly converted $190 million in cash into crypto assets through an armored cash transport company. The company involved is suspected of covering up the source of funds through cryptocurrencies, antique car transactions and shell companies. Four people were charged with involvement in the case, including a Brisbane man suspected of laundering $9.5 million. A total of $170,000 in crypto assets, 17 properties, crypto wallets of crypto devices, and business records and documents related to the suspected money laundering scheme were seized, and the case is still under investigation.