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Italian Police Bust Mafia Crypto Money Laundering Ring, Seizing $76 Million
Italian police have dismantled a cryptocurrency money laundering ring linked to the mafia, which used a Milan car rental company as a front to transfer €68 million (approximately $76 million) out of the country. Thirty people have been arrested in an operation spanning Italy, Spain, and Switzerland, involving mafia organizations such as 'Ndrangheta and Camorra. The funds originated from activities including drug trafficking and crypto scams.
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