Australian Federal Police Launches Crypto Unit to Crackdown Criminals

The Australian Federal Police (AFP) has launched a criminal investigative unit focused on cryptocurrencies to crack down on money laundering and other related illegal activities surrounding the asset class, the Australian Financial Review reported Monday.  Per the report, Stefan Jerga, the AFP officer in charge of Assets Confiscation Command, noted that there had been increased use of digital assets in criminal-related activities since the unit’s last seizure of the assets in 2018, hence the need to open the crypto dedicated unit.